‘The Disney Rorschach Test’

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As long time believers in the magical qualities of The Walt Disney Co.’s brands, content and execution, the launch of the Disney+ service exceeded MoffettNathanson‘s wildest imaginations.


Even today, when the Wall Street financial house looks at Disney, its analysts are unwilling to “take the leap of faith” on DTC valuation traders are willing to make because of unfair comps to Netflix.

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