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News Breaks | | | | July 17, 2012 | | 07:32 EDT |  | DIS | Disney upgraded at BofA/Merrill
As previously reported, BofA/Merrill upgraded BofA/Merrill to Buy from Neutral. The firm raised its 2013 EPS estimate above the Street based on expectations for improving Parks and Resorts fundamentals, improving Studio outlook, Media Networks growth, and Interactive profitability, among other reasons. Price target is $58. | |
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