Going by tradition, Disney’s (NYSE:DIS) films are likely to be the most watched this Thanksgiving weekend.
Among Disney’s offerings, Marvel’s Black Panther: Wakanda Forever is likely to be the highest-grossing, having already pulled in $294 million in the first two weeks of its domestic release.
Disney has recently been in the news because of the return of its former CEO Bob Iger, who is expected to rejig the company’s content distribution structure.
Is DIS a Sell or Buy?
Wall Street is also counting on Bob Iger to restore Disney to its former glory. The consensus rating for DIS stock is a Strong Buy, based on 17 Buys and three Holds. The average price target is $122.25 which indicates 23.55% upside over the next year.