Wells Fargo cuts price target on Disney. Here's what the pros say to do next

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Wells Fargo cuts price target on Disney. Here's what the pros say to do next
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Pros on CNBC discussed Disney after Wells Fargo cut its price target on the stock to $110 from $146 but is keeping its rating of overweight.

Market Movers rounded up the latest reactions on Disney from investors and analysts. The pros, including Jim Cramer , discussed Disney after Wells Fargo cut its price target on the entertainment giant to $110 from $146.

However, the firm reiterated the name as overweight, noting that Disney is " the most interesting stock in Media ." Disney and Charter Communications are entangled in a dispute over contract fees. Late last week, millions of Charter's customers lost access to Disney's networks, including ESPN, ABC, and FX. Disney is currently held in Cramer's Charitable Trust portfolio.

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