Disney+ must succeed for the sake of the stock, investor says ahead of earnings

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Disney+ must succeed for the sake of the stock, investor says ahead of earnings $DIS (via TradingNation)

One investor is looking farther out than Disney's fourth quarter for proof of execution, however.

While Tepper acknowledged that Disney's current level — $131.27, as of Wednesday's close — was a "great" entry point for buyers and at the "low end" of his firm's fair-value range for the stock, Disney+ will be key in determining where the stock goes from here.

 

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