Bedell Frazier Investment Counselling LLC Cuts Stake in The Walt Disney Company $DIS

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Bedell Frazier Investment Counselling LLC reduced its stake in The Walt Disney Company by 17.4% in the third quarter, selling 12,354 shares and now holding 58,664 shares valued at $6.72 million. Despite this, other institutional investors have increased their positions. Wall Street analysts maintain a “Moderate Buy” consensus with a price target of $135.80, and Disney recently surpassed quarterly earnings and revenue estimates.

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