Disney Analyst Boosts Stock Price Target to $201 on Streaming Outlook
Walt Disney CEO Bob Chapek at the company’s investor day 2020 "All I Want for Christmas Is an Updated Model," says the title of the report from Wells Fargo's Steven Cahall. "All I Want for Christmas Is an Updated Model." That was the title of Wells Fargo analyst Steven Cahall's Wednesday report, in which he boosted his stock price target for the Walt Disney Co. from $182 to $201. Disney's stock on Tuesday closed at $170.45, giving the company a market capitalization of $308.6 billion. It has traded as high as $179.45 over the past 12 months. Maintaining his "overweight" rating on the shares...
Source: hollywoodreporter.com