Goldman Sachs has launched coverage on entertainment powerhouse Walt Disney (DIS). The investment firm has initiated a Buy rating on Disney stock, coupled...
). The investment firm has initiated a Buy rating on Disney stock, coupled with a bullish price target of $125 per share. Analysts at the firm point to the media giant's content pipeline as a key driver for mid-term growth success.Time now for some trending tickers Goldman Sachs initiating coverage of Disney with a buy rating and $125 price target, saying mid term growth will be driven by its content.
However, they do see potential room for growth on adjacent businesses that are less impacted by cord cutting and that is specific to Disney Comcast and Fox.And what struck me also about this note was the price target and exactly what they're coming out in terms of bullish call here for Disney. And, and I think that's a very, very tough line when they're trying to close the gap with a leader within this space like Netflix.
And then of course, also want to bring up that, celebrating that we also got here from Goldman when it comes to Paramount, very important to note as well.This super dividend stock offers high yield and visibility over earnings growth. It can help you earn $1,830 in passive income. The post Buy 500 Shares of This Super Dividend Stock for $1,830/Year in Passive Income appeared first on The Motley Fool Canada.
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