ESPN May Be Disney's Biggest Problem; Stock Could Nosedive Nearly 20%
Disney was downgraded to underperform at BMO Capital. The investment bank slapped an $88 price target on the stock.
Disney (DIS) - Get Report was downgraded to underperform at BMO Capital on Wednesday. The investment bank slapped an $88 price target on the stock as BMO's analyst sees ESPN's outlook as a net negative for the media giant.
