Complex sentence: Many have interpreted the song to be a general disparagement to the opportunistic and disingenuous people of the world, though like many Dylan songs it is probable that he was directing it at one or more specific individuals as well.
Split into simpler sentences: Many have interpreted the song to be a general disparagement to the opportunistic and disingenuous people of the world. However, like many Dylan songs, it is probable that he was directing it at one or more specific individuals, as well.