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Wolfe Research upgrades Walt Disney Co (DIS) rating to an Outperform

In a filing, Walt Disney Co revealed its Sr. EVP and Chief HR Officer Coleman Sonia L unloaded Company’s shares for reported $74936.0 on Jan 22 ’25. In the deal valued at $108.76 per share,689 shares were sold. As a result of this transaction, Coleman Sonia L now holds 0 shares worth roughly $0.0.

Then, Coleman Sonia L bought 689 shares, generating $74,936 in total proceeds.

Before that, Coleman Sonia L bought 3,078 shares. Walt Disney Co shares valued at $342,766 were divested by the Officer at a price of $111.36 per share.

Wolfe Research upgraded its Walt Disney Co [DIS] rating to an Outperform from a a Peer perform in a research note published recently. Redburn Atlantic also remained covering DIS and has increased its forecast on January 07, 2025 with a “Buy” recommendation from previously “Neutral” rating. Jefferies started covering the stock on December 05, 2024. It rated DIS as “a Hold”.

Price Performance Review of DIS

On Friday, Walt Disney Co [NYSE:DIS] saw its stock jump 0.78% to $105.94. Over the last five days, the stock has gained 14.54%. Walt Disney Co shares have fallen nearly -4.86% since the year began. Nevertheless, the stocks have risen 0.52% over the past one year. While a 52-week high of $118.63 was reached on 02/05/25, a 52-week low of $80.10 was recorded on 04/07/25. SMA at 50 days reached $95.41, while 200 days put it at $100.17.

Levels Of Support And Resistance For DIS Stock

The 24-hour chart illustrates a support level at 105.07, which if violated will result in even more drops to 104.20. On the upside, there is a resistance level at 106.50. A further resistance level may holdings at 107.06. The Relative Strength Index (RSI) on the 14-day chart is 73.56, which indicates overbought technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 11.05, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 1.16%. Stochastics %K at 96.08% indicates the stock is a selling.

The most recent change occurred on October 16, 2024 when Piper Sandler began covering the stock and recommended ‘”a Neutral”‘ rating along with a $95 price target.

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