Disney Stock Has 20% Upside, According to 1 Wall Street Analyst

Disney stock is riskier -- and more expensive -- than this analyst seems to believe.Walt Disney (DIS -0.77%) stock -- like most stocks -- got a bit banged up on Wednesday after higher-than-expected inflation data dashed investors' hopes for a series of Federal Reserve rate cuts in 2024. But in contrast to many other stocks, Disney investors also got some good news.Inflation or no inflation, and rate cuts or no interest rate cuts ... Disney stock is going up nearly 20% (according to Argus Research analyst Jo ...