Disney estimates downgraded on negative COVID-19 impact

Credit: Invezz- Published on September 25, 2020
Shares of the Walt Disney Company (NYSE: DIS) took another beating this week after the company was forced to postpone the release of two major movies. Needham’s analyst Laura Martin downgraded revenue estimates.Β  Fundamental analysis: Continued negative COVID-19 impacts Disney dealt another blow to the embattled cinema...

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