There’s a new biggest Disney bull on Wall Street as analyst triples estimate for Disney Plus subscribers
|11/19/2019||Posted by BusinessMediaguide.Com under General World News||
- Disney scored a Wall Street-high price target late Monday after Rosenblatt analyst Bernie McTernan boosted his expectations for global Disney Plus subscribers.
- McTernan raised his price target for the media conglomerate to $175, up from $170 and about $20 higher than average projection from Wall Street analysts, according to Bloomberg data.
- The bump was accompanied by McTernan raising his expectations for Disney Plus subscribers to 35 million by the end of 2020, up from a prior estimate of 10 million.
- Watch Disney trade live on Markets Insider.
Disney has a new biggest bull on Wall Street.
Rosenblatt Securities read more >>>