Walt Disney "buy"

11/28/06 - Deutsche Securities

NEW YORK, November 28 (newratings.com) - Analysts at Deutsche Bank Securities reiterate their "buy" rating on The Walt Disney Company (DIS). The target price is set to $41.

In a research note published yesterday, the analysts mention that the company's 10-K for FY06 does not indicate any unusual items associated with accounting or internal controls. The performance of Walt Disney's A&E, Lifetime and E! segments was weak and revenue growth at these units and Europe disappointing, the analysts say. The company's revenue and EBIT growth was robust in Latin America and Asia, Deutsche Bank Securities adds.