Disney and Netflix get boost from bullish analysts

Media stocks are garnering bullish sentiment from Wall Street analysts. Citi has raised its price target for Netflix stock (NFLX) from $550 to $660 per share, driven by robust subscriber growth projections. The firm also factored in the impact of Netflix's intensified efforts to curb account password sharing.
Meanwhile, Barclays has upgraded Disney (DIS) from Equal Weight to Overweight ahead of the company's highly anticipated shareholder meeting to vote on the ongoing proxy battle from activist investor Nelson Peltz. Barclays also increased its price target for Disney to $135 per share from $95, expressing confidence that the company's streaming business will achieve profitability by the end of 2024.
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[@aishaalamoudi599]

Barclays claims Disney's streaming will reach 25 to 30% profit margins !?!?!? That would be incredible. The consensus is that streaming can never reach those numbers like linear.