A Wall Street analyst explains why 10 million Disney Plus subscribers is the magic number that could supercharge the company’s stock (DIS)

Disney’s stock slumped yesterday after Apple announced its upcoming streaming service would cost just $4.99, much lower than its future competitors.  But if Disney can attract 10 million subscribers to Disney Plus by the end of the year, it could mark an “inflection point” for the stock, according to Credit Suisse.  Investors surveyed by the firm expect shares could reach as much as $155 — an 11% premium from current prices — if Disney

Continue reading...