Star Wars $2B gross to boost Disney: Analyst

An image from "Star Wars: Episode VII The Force Awakens"
Source: Star Wars
An image from "Star Wars: Episode VII The Force Awakens"

The first film in a new Star Wars trilogy could give shares of Disney a significant boost, Wall Street investment bank Stifel Nicolaus said on Monday.

The movie will highlight two big forces in the movie industry right now, said Stifel analyst Benjamin E. Mogil, who raised his price target on Disney to $130 a share, an upside of more than 7 percent on the stock from here.

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