Wells Fargo upgrades Disney before investor day, says streaming business will continue rapid growth

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New for subscribers: Wells Fargo upgrades Disney before investor day, says streaming business will continue rapid growth Check out CNBCPro today.

to overweight from equal weight on growing confidence in the company's streaming business, saying that total subscribers could nearly triple over the next five years.

The upgrade comes ahead of Thursday's investor day for Disney, and Wells Fargo said in the note that it expects the event to focus on the growth of the media giant's streaming video business. The investment firm said in a note that streaming will soon become the defining characteristic for the company.

 

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Pro Why is media promoting AirBNB during Pandemic ? Covid parties taking place ?

Pro Disney is one of the preeminent *content creation* houses, hope they keep that up I expect to see this star continue to rise, even w/ acute headwinds of COVID19

Pro Cancelled my Disney Prescription, my kids watched it some,but very little new content. They are always on Netflix or Youtube, Disney Plus was a disappointment!

Pro More good news please(((

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