Disney Gets Downgraded After Coming 'Too Far, Too Fast'

Walt Disney (NYSE: DIS) is now more a stock for day traders instead of buy-and-hold investors, according to one analyst who downgraded the stock to underperform.

Imperial Capital analyst David Miller said shares of the entertainment giant have "risen too far too fast" over the past month and a more temperate view of its theme park potential was needed.

Image source: Walt Disney.

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Source Fool.com