"Disney management delivered a focused message of boldly pursuing additional global streaming video opportunities," writes one Wall Street observer.
Bernstein analyst Todd Juenger raised his Disney target stock price to $116 from $105, while maintaining his "market perform" rating, in a report he called "A New Direct-to-Consumer Dream." And Guggenheim Securities analyst Michael Morris, who has a "buy" rating on the stock, boosted his price target to $140 from $123.
Morgan Stanley analyst Benjamin Swinburne in a report entitled "Direct-To-Consumer 2.0" also focused on Disney's continued drive into new digital business opportunities. "Out of both success and necessity , Disney is moving to push its streaming strategy to new levels of investment and growth," he wrote in reiterating his "overweight" rating on the stock.
Disney vote for Trump , Economy or NOTHING 😪😪😪
Good job Disney 👍😏😏
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