Disney Announces Mobile Games Deal With DeNA

Disney (NYSE:DIS) announced its plans to develop mobile social games with Japanese firm DeNA as the company continues to try and take its movie characters mobile.The companies intend to begin with a launch of two games in Japan based on Disney characters prior to researching ways to expand their venture.Walt Disney (NYSE:DIS) has potential upside of 7.1% based on a current price of $43.01 and an average consensus analyst price target of $46.04.