Comments on:

Goldman downgrades Disney on rising sports rights

Back to the article » |
LOS ANGELES (AP) — Goldman Sachs removed Disney from its "conviction buy" list on Thursday, citing a run-up in the shares since early last year, rising sports rights costs, and new competition from News Corp.'s upcoming sports channel, Fox Sports 1. Analyst Drew Borst maintained his target price of $70 in the coming 12 months, but downgraded his rating to "neutral." Disney shares fell 2.2...

To learn more about commenting on WashingtonExaminer.com and our community guidelines, please see our comments FAQ.