Why Disney’s Valuation Can Rise $55 Billion on New Streaming Magic

Walt Disney Co. (DIS), whose stock has led the market this year, is likely to rise as much as 25% from its early October trading price as the company expands its direct-to-consumer streaming strategy, according to Morgan Stanley analyst Benjamin Swinburne, per Barron’s. That would boost its market value by about $55 billion to $290 billion.

Disney Streaming to 140 Million Subscribers

The Morgan Stanley bull reiterated his…