"Barclays Upgrades Disney Stock Amid Turnaround Plan, Predicts Higher Highs"

Disney's stock reached 52-week highs after an upgrade from Barclays, with cost-cutting initiatives leading to the reinstatement of its dividend. Investor sentiment has been positive, with the stock outperforming its industry peers. Barclays raised its price target for Disney, citing positive earnings revisions, and the company's earnings estimates have seen upward revisions. Disney's long-term debt has decreased, and its P/E valuation is below its decade-long high. The company has reinstated a higher dividend, and while the stock has rallied extensively, there may be better buying opportunities ahead.