Disney exiting streaming could spur 40% rally: Wells Fargo
Wells Fargo Securities suggests that Walt Disney Co. could see a 40% stock rally if it exits its streaming business. Analyst Steven Cahall argues that streaming has been detrimental to shareholder value, and Disney is not equipped to compete with high-volume streamers like Netflix and YouTube. Instead, the company should focus on licensing its extensive intellectual property, potentially generating over US$15 billion in annual licensing revenue.





























