Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Bloomberg Customers

Markets & Finance

Merrill Upgrades Disney

Merrill Lynch upgrades Walt Disney Co. (DIS) to buy from neutral.

Analyst Jessica Reif Cohen believes earnings per share (and share) momentum from Disney's multi-year recovery is poised to continue across its operating segments with visible operating leverage, diversified mix between advertising and subscription revenue, and ticket sales.

She raises her $1.23 fiscal 2005 (ending September) earnings per share estimate to $1.26, but believes there is an upside potential from progressive earnings per share acceleration through the year. She maintains her $1.50 fiscal 2006 earnings per share estimate.

Cohen says key operating drivers should include a recovery at theme parks, improved ratings at ABC, and sustained growth in cable (particularly ESPN). She sets a $35 target.

blog comments powered by Disqus