
Analysts at Jefferies recently upgraded Disney (DIS) stock to a “Buy” while hiking their price target to $144 from $100. In a recent note, the firm stated that Disney's line of new cruise ships, increased cruise bookings, strong content slate, and high direct-to-consumer margins will be growth enablers for the company.
Disney is finally finding its footing again with CEO Bob Iger back at the helm, with DIS stock already up 11.4% on a YTD basis, commanding market cap of $222.9 billion.