Should You Invest in Disney Stock Despite Its Underperformance?

Reported 14 days ago

Disney's stock has underperformed this year, down over 1%, despite a turnaround in its streaming business under CEO Bob Iger. Challenges include low tourist arrivals and concerns about consumer spending and the decline of linear TV. However, analysts are optimistic, with a consensus rating of 'Strong Buy' and a target price suggesting over 22% upside. The company's ongoing investments in parks and the profitable growth of its streaming service could make it an attractive buy for investors.

Source: YAHOO

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