$DIS today: Disney shares will 'continue to re-rate on the upside,' says JPMorgan JPMorgan analyst Alexia Quadrani reiterates an Overweight rating on Disney with a $160 price target ahead of the company's fiscal Q1 earnings report. The analyst expects Disney will continue to balance ongoing growth in its core business with greater details on its direct-to-consumer initiatives with the successful launch of Disney+. The stock will "continue to re-rate on the upside" as investors increasingly look at a hybrid valuation, giving Disney credit for its "impressive" subscriber numbers on its many streaming platforms, Quadrani tells investors in a research note. She sees further upside to the shares despite the strong outperformance over the last 12 months. Read more at: thefly.com/landingPageNews....
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