Morgan Stanley: Disney's earnings will nearly double in 4 years

  • 📰 CNBC
  • ⏱ Reading Time:
  • 24 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 72%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

Disney can nearly double its earnings by 2024, Morgan Stanley said in a note to clients on Tuesday.

The firm's equity analyst Benjamin Swinburne said Marvel's content plays "perhaps the most critical role" in building Disney+'s value for customers.

The firm said Disney can double earnings per share from $6.50 in 2020 to between $11 and $12 in 2024, as it builds its Disney+ streaming customer base. Disney's stock has climbed nearly 30% so far this year, after the company announced its new streaming service, Disney+, which is set to launch in November at the low price of $6.99 per month with no advertisements. Disney has also found major success this year in releasing several recording-breaking films.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in NG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

So will inflation

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Morgan Stanley on Apple: 'Attractive setup into earnings'Morgan Stanley maintained its overweight rating on Apple's stock and hiked its price target to $247 from $231, heading into the tech giant's third-quarter earnings on July 30. lmao permabulls LiveSquawk Nah, you know something is terribad when you see headlines like this.
Source: CNBC - 🏆 12. / 72 Read more »

VCs say these 7 space tech firms are set to crush the market in the $350 billion race for spaceThe market for space-related enterprises could be worth as much as $1 trillion by 2040, according to Morgan Stanley.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Morgan Stanley's bullish call on Apple ahead of earnings defies conventional wisdom, Jim Cramer saysMorgan Stanley made a bold call on Apple. But CNBC's Jim Cramer says it would be a mistake to buy shares ahead of its earnings next week. 100% agree. iPhone sales should be way down. What’s the motive to give price targets dats before earnings? Why not wait for the results then give some analysis? Just leading sheep to slaughter. They aren’t giving out these targets out of the goodness of their hearts to help the mom and pop investor.
Source: CNBC - 🏆 12. / 72 Read more »

Morgan Stanley on Apple: 'Attractive setup into earnings'Morgan Stanley maintained its overweight rating on Apple's stock and hiked its price target to $247 from $231, heading into the tech giant's third-quarter earnings on July 30. lmao permabulls LiveSquawk Nah, you know something is terribad when you see headlines like this.
Source: CNBC - 🏆 12. / 72 Read more »