Should Apple Buy ESPN From Disney? Wall Street Analyst Dan Ives Thinks It's a "No-Brainer"
Many view ESPN as the crown jewel of Walt Disney's (NYSE: DIS) TV empire. But now one prominent analyst believes that Disney will give up that crown jewel in the not-too-distant future to (NASDAQ: AAPL).
Wedbush's Dan Ives stated on CNBC's Last Call program last week, "I believe it's a matter of when, not if, ESPN and Apple get together." Ives is cheering on a deal, recently writing to clients that it's "a no-brainer."
Is he right?
Source Fool.com
Apple Inc. Stock
€201.50
-0.540%
Our community is currently high on Apple Inc. with 108 Buy predictions and 9 Sell predictions.
As a result the target price of 212 € shows a slightly positive potential of 5.21% compared to the current price of 201.5 € for Apple Inc..