The Walt Disney Company (DIS) saw its shares slide Tuesday as Raymond James analysts downgraded the stock, citing concerns about its 澳洲幸运5官方开奖结果体彩网:parks division and said they're "getting off" the "rollercoaster."

The analysts dropped their rating for Disney to "market perform" from "outperform," and maintained a price target of $101. Shares of Disney finished 2.2% lower at $94.05 Tuesday, and have lost about 4% over the last three months, though they remained 4% higher for the year so far.

'Parks Are Under Pressure'

The analysts said Disney's “parks are under pressure,” with a "questionable consumer outlook" as demand slows from a post-pandemic surge, adding they "find stock outperformance likely to be difficult until Parks improve."

Disney's iconic theme parks could also have to contend with more competition, when Universal launches its Epic Universe next summer, the analysts noted.

Typhoon, Hurricane Could Hit Earnings

Disney’s fiscal fourth-quarter results could also take a hit from several factors including extreme weather, Raymond James warned, after a typhoon caused the temporary closure of Shanghai Disneyland last month and 澳洲幸运5官方开奖结果体彩网:Hurricane Helene likely affected attendance at Disney World in Orlando, Florida.  

UPDATE—Oct. 1, 2024: This article has been updated to include additional information.