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Should You Buy Disney Stock Before Aug. 5?

The Motley Fool·
Should You Buy Disney Stock Before Aug. 5?

Disney stock has fallen over 15% this year and 45% in five years, struggling with streaming losses, layoffs, and consumer belt-tightening. However, Wall Street analysts remain optimistic with a consensus price target of $128 (vs. current $96), betting on turnaround potential under new CEO Josh D'Amaro. The article suggests Disney is attractively priced for long-term investors but recommends waiting for August 5 earnings results before buying.

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