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Analyst downgrades Disney, cites rising ESPN NBA costs, but others are bullish

Some Disney analysts and investors are still concerned about ESPN. ESPN was blamed for Disney stock taking a hit in February despite the “greatest single quarter in company history,” was cited as the main reason why the company missed its second-quarter targets in May, and lost subscribers in the third quarter (although their bottom-line contribution […] The post Analyst downgrades Disney, cites rising ESPN NBA costs, but others are bullish appeared first on Awful Announcing.
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