- 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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