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Analyst lifts Disney to 'top pick'


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Analyst lifts Disney to 'top pick'

RBC Capital analyst Steven Cahall upgraded Walt Disney Co. to "top pick" from "outperform," reported Oct. 9.

The analyst cited Disney's reduced exposure to ESPN (US) as part of his rationale for the upgrade.

Cahall, however, cut his price target on the company's stock to $125 from $130.