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08.04.2020 / 17:37

Disney Stock Downgraded Over Dim Theme Parks Forecast

Wells Fargo analyst Steven Cahall has downgraded Walt Disney's stock in a Tuesday report that forecasts the studio's theme park division will take two years to return to normal attendance in the coronavirus pandemic era. "We don't think Parks can get back to anything close to full capacity until testing and/or vaccines are far more ubiquitous," Cahall told investors.

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