Wednesday, June 16

Credit Suisse raises Disney price target, subscriber estimates after strong Disney+ debut

In this photo illustration, the Disney + logo is displayed on the screen of an Apple MacBook Pro computer on November 08, 2019 in Paris, France.

Chesnot | Getty Images

Credit Suisse raised its outlook for Disney shares after the company released the “remarkable” first-day numbers for its new Disney+ streaming service.

Disney shares jumped more than 7% to $148.76 after the company said it has more than 10 million customers for the new service.

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