With a Wednesday report, Guggenheim Securities analyst Michael Morris has raised his stock price target on The Walt Disney Company by $15, bringing it to $200. Disney’s stock closed on Tuesday at $175.99. This theme park forecast “reflects a slower revenue recovery than current consensus estimates in fiscal year 2021-2023 and stronger long-term economic potential in fiscal year 2024 and beyond,” Morris said. In highlighting different elements of Disney’s business, Morris values Disney+ at $132 per share (which is consistent […]

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