Market Movers rounds up the best investor and analyst reactions to Disney. Professionals discuss the entertainment giant after KeyBanc downgraded the stock to sector weight from overweight. Analyst Brandon Nispell, who made the decision, said attendance expectations for the park appeared to be too high, and he expects revenue to decline in the fiscal third and fourth quarters. Nispel also pointed out that there are more challenges in moving ESPN to streaming media, and that Disney+ and Hulu’s subscriber growth may stagnate. The stock is currently held by Jim Cramer’s charitable trust portfolio.
