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Options Traders React to Disney Stock Bull Note

June 14, 2019

Schaeffer’s Investment Research June 13, 2019

Walt Disney Co (NYSE: DIS) is by far the best Dow stock today, up 4.3% at $141.55. This comes after Morgan Stanley lifted its DIS price target to $160 from $135 — a nearly 18% premium to last night’s close — and boosted its Disney+ subscriber growth forecast in part due to brand familiarity, saying it believes “the market has often overstated the risk and underappreciated the reward of the transition to streaming.”

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