Walt Disney's DTC Business Outshined, Analysts Expect Momentum To Continue
1. Disney's DTC EBIT exceeded consensus by $293 million, indicating strong growth. 2. Goldman Sachs raised DIS target price from $139 to $140, maintaining a Buy rating. 3. Analysts expect strong performance, but Disney+ subscriber decline raises concerns. 4. Disney's fiscal Q1 revenues grew 5%, beating revenue expectations significantly. 5. Overall management maintains guidance, indicating confidence in achieving full-year targets.