Disney stock has 18% upside as CEO Bob Iger looks to transform the company, Bank of America says
has 18% upside thanks to Bob Iger's vision and strategy for the global media company, according to Bank of America.
Iger's return to the helm in November, replacing his successor Bob Chapek, has been cheered by investors. He announced Wednesdayand reorganize the company into three units: Disney Entertainment, ESPN, and Parks, Experiences, and Products. "While we are encouraged by Bob Iger's strategic vision for DIS, this is clearly the first phase in DIS' transformation, which will require adept execution," BofA said."Bob Iger has a long, strong track record which provides confidence he will manage this transition for DIS."
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