MoffettNathanson analyst Michael Nathanson on Monday downgraded his rating on the Walt Disney Co.'s stock from "buy" to "neutral" due to the novel coronavirus pandemic ahead of the Hollywood conglomerate's Tuesday earnings report and cut his price target by $8 to $112. "There are a number of risks that could lead this unprecedented event to have a longer impact, with earnings revisions massively skewed to the downside," he wrote in a report.
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