Bank of America CorporationAnalyst Jessica Reif Ehrlich released a research report, reiterating Walt Disney Company(DIS.US) "buy" rating, with a target price of $223. Bank of America Corporation does not think that Walt Disney Company's upcoming earnings report will become an important catalyst for the stock price, but holds a positive view on the long-term development of the company.
Jessica believes that the success of Walt Disney Company + is an important factor supporting its bullish view, and Walt Disney Company's new users are expected to accelerate again as the company resumes its more normal content production plan in fiscal year 2022 and expands into new markets.
Other major drivers include the reopening of theme parks, the introduction of direct consumer products in new markets and the reopening of cinemas.
