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Fly News Breaks for June 18, 2019
DIS
Jun 18, 2019 | 06:19 EDT
UBS analyst John Hodulik kept his Buy rating and $165 price target on Disney, saying the UBS Evidence Lab Media Consumption survey found 43% of responders expressing interest in subscribing to Disney+. The analyst notes that this rate is above the company's 20%-30% U.S. broadband household penetration estimate and implies a "strong" interest considering that Disney+ subscriptions will not open until November and marketing for the service has yet to "hit critical mass."
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