Disney Downgraded To "Neutral" From "Buy" At UBS
April 20, 2020 at 15:46 PM EDT
UBS analyst John Hodulik downgraded Disney to "Neutral" from "Buy," with a price target of $114, down from $162. The COVID-19 outbreak is impacting every one of Disney's segments, with parks being hit the hardest, Hodulik tells investors.