Walt Disney (DIS) Stock Price Target Reduced at Barclays

NEW YORK (TheStreet) -- Walt Disney price target was cut to $98 from $100 at Barclays, which reiterated its "equal weight" rating. The firm also lowered 2016 earnings estimates to $5.58 from $5.72 per share. "We have been more cautious on Disney relative to Wall Street due to our belief that Disney is not isolated from the secular trends that are being priced into the rest of the media industry," Barclays analysts said. Even assuming that the Shanghai park gets as many visitors as Disneyland Par...