Wall Street Says Buy Disney Stock – So Why Are Shares Still Buckling?

The entertainment giant's stock price passed $200 in February 2021, and now is worth about half that. Here's why analysts think it can surge 40% this year, and why investors are balking.

Bob Iger takes aim at Florida Gov. Ron DeSantis, says Hulu talks with Comcast are “cordial.” (Image: Disney)

Wall Street stock pickers are still bullish about The Walt Disney Company’s prospects as the entertainment industry’s financial pace car, with some analysts predicting shares could pop more than 40% during the next year.

Investors just aren’t buyin…