Macquarie: "We expect a smoother F4Q report leading into the Disney+ launch."
Price target: $160
Rating: Outperform
"We expect a smoother F4Q report leading into the Disney+ launch. Disney is by far the best-positioned media company to transition to an OTT world," Macquarie analysts wrote in a note to clients on October 17.
The analysts added: "We believe Disney set a low bar on expectations for F4Q, and hence we would not be surprised to see a good print from Disney, which could revive investor enthusiasm for the stock."
BMO Capital Markets: "We are eager to see if management will share an early read on Disney+ subscribers."
Price target: $170
Rating: Outperform
"We are eager to see if management will share an early read on Disney+ subscribers based on pre-sales, or wait for post-launch for the first figure," BMO Capital Markets analyst Daniel Salmon wrote in note to clients Wednesday.
Salmon continued: "Disney is our only Outperform-rated stock in the Entertainment group and notwithstanding last quarter's bumps, we believe the stock can work through yearend, with visible catalysts including the launch of Disney+ on November 12."
Credit Suisse: "Beyond level of Disney+ success, key will be Disney's willingness to invest in sports."
Price target: $150
Rating: Outperform
"Beyond level of Disney+ success, key will be Disney's willingness to invest in sports (will ABC/ESPN go after Sunday package, ESPN+ go after NFL Sunday Ticket, and DTC pursue int'l soccer/cricket rights given scale now in India & Latam) and to scale Hulu (particularly int'l, but also originals given the ramp at competing streaming services)," Credit Suisse analysts wrote in a note to clients Tuesday.