Morgan Stanley changed its top media and entertainment pick from Spotify (SPOT) to Disney (DIS) heading into 2025. The firm keeps an Overweight rating on Disney with a $125 price target. Two years of restructuring, price increases, and password crackdowns eased competitive intensity and delivered streaming profits in 2024, the analyst tells investors in a research note. In 2025, Morgan Stanley expects “substantial” streaming profits from both Disney and Warner Bros Discovery (WBD). Disney has the greatest potential to join the “distribution is king” group as a content distribution leader, while at the same time benefiting from consumer demand and related growth at its experiential assets, the firm contends.
Pick the best stocks and maximize your portfolio:
- Discover top-rated stocks from highly ranked analysts with Analyst Top Stocks!
- Easily identify outperforming stocks and invest smarter with Top Smart Score Stocks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on DIS:
- Disney reached settlement with Trump due to its flawed case, NY Times says
- Disney, BBC announce ‘Bluey’ animated feature film
- Disney price target raised to $135 from $122 at Rosenblatt
- Box Office Battle: ‘Moana 2’ remains atop with another $26.6M
- ABC to pay $15M to settle defamation suit brought by Trump, NYTimes says