Disney shares upgraded on Avengers success

The record box-office debut of Disney's The Avengers has boosted prospects for its shares.

8th May, 2012
Jeremy Renner, Chris Evans and Scarlett Johansson in The Avengers

Captain America and Iron Man have analysts who cover Walt Disney scrambling.

David Joyce, a Miller Tabak analyst, yesterday raised his fiscal 2012 profit estimates for Disney, citing the record $207.4 million box-office debut of “Marvel’s The Avengers”.

Three more analysts, Martin Pyykkonen, a Wedge Partnersanalyst, Tuna Amobi of Standard & Poor’s, and Brett Harriss of Gabelli, are considering revisions to profit forecasts for the world’s largest entertainment company, whose second quarter earnings...

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