Barclays upgrades Disney on pivot to streaming

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Chief executive officer and chairman of The Walt Disney Company Bob Iger walks on the floor of the New York Stock Exchange (NYSE) before ringing the opening bell, November 27, 2017 in New York City.

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Barclays bumped up its rating on Disney shares to overweight from equal weight on Friday, pointing to the company’s shift to provide an over-the-top media service as a new spark for growth.

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