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There’s a new biggest Disney bull on Wall Street as analyst triples estimate for Disney Plus subscribers

Disney stock

  • 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.

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Source:: BusinessInsider.Com