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.
![Iger Disney Hulu DeSantis Iger Disney Hulu DeSantis](https://substackcdn.com/image/fetch/w_2400,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fd8196629-955f-4a5a-9adb-05c2216e9f0a_1240x827.webp)
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…