Morgan Stanley analyst explains its Disney price target hike

8:25 AM ET Fri, 14 June 2019

Morgan Stanley rose its price target on Disney. The Dow component is now up nearly 30% year to date. Ben Swinburne, Morgan Stanley head of U.S. media research, and Peter Boockvar of Bleakley Advisory Group join "Squawk Box" to discuss the stock and the media sector.