Wall Street analysts stick by Disney after earnings miss: 'We love it on any weakness'

"While Fox's F3Q earnings contribution came in below expectations, we remain confident in the long term opportunity to improve operating performance and leverage its IP to drive Disney's direct-to-consumer strategy," Morgan Stanley said.

Robert Iger, Chief Executive Officer of Disney, poses in "Star Wars: Galaxy's Edge" during a media preview event at Disneyland Park in Anaheim, California, May 29, 2019.may have reported a bit of a "messy" third quarter earnings report on Tuesday after the bell but Wall Street analysts still believe in the stock.and blamed the integration of Fox's entertainment assets, a theme parks drag, and streaming investments.

"There was nothing in these results that suggest that Disney's broader strategic pivot isn't on track. As such, we remain buyers," they said.

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