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Technology Stocks : Walt Disney
DIS 116.20-0.1%9:51 AM EDT

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From: JakeStraw4/10/2019 9:08:57 AM
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Disney draws second upgrade in two days as Wall Street eagerly awaits streaming service launch
BMO Capital Markets upgrades Walt Disney Co. to outperform and tells clients to expect 20% upside over the next 12 months.

“When we upgraded Disney to Market Perform from underperform in April 2018, we noted a lack of catalysts: that is now changing,” Daniel Salmon tells clients.

Wall Street expects Disney to detail its hotly anticipated new streaming service, Disney+, at its investor day on Thursday.
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