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Credit Suisse says the sell-off in Disney is overblown, stock can rebound nearly 30%


The New York Stock Exchange welcomes The Walt Disney Company (NYSE: DIS), on Tuesday, May 4, 2021, in honor of Star Wars Day.

Source: NYSE

Tuesday’s sell-off for Disney after the company warned of slowing subscriber growth was an overreaction and the stock should rebound, according to Credit Suisse.