Wall Street analysts on Friday raised their stock price targets for the Walt Disney Co., lauding the streaming content plans and increased subscriber goals unveiled at a Thursday investor day, and the stock hit an all-time high.
However, Cowen analyst Doug Creutz, in the headline of his report, also noted that "Disney promises more of everything for direct-to-consumer, except profits." Disney shares jumped in early Friday trading and reached an all-time high of $171.
Read more on hollywoodreporter.com