Keep an eye on Disney (DIS).

After being run into the ground, the stock is starting to show signs of life again.  All after activist investor Nelson Peltz’s Trian Fund Management increased its stake in DIS to more than $2.5 billion. The firm, according to Barron’s, is expected to request multiple board seats.

“Time will tell whether Peltz’s push is opportunistic or strategic. Trian believes Disney’s stock is undervalued and it needs a more focused board, according to The Wall Street Journal, having built up its stake in recent months to more than 30 million shares from roughly 6.4 million shares at the end of the second quarter,” as also quoted by Barron’s.

Helping, analysts at Seaport Research recently initiated a buy rating on DIS, with a $93 price target. Bernstein also initiated an outperform rating on the stock, with a $103 price target.