Disney jumps after Morgan Stanley boosts its outlook for Netflix competitor Disney Plus (DIS)

Disney shares rose as much as 3% after Morgan Stanley published a report on Thursday increasing their price target to $160 from $135.
Morgan Stanley also increased its forecast for Disney's streaming subscriber growth, predicting it will hit 130 million by 2024.
Disney stock hit a record high of $142.35 a share in April following the release of 'Avengers: Endgame.'
Watch Disney trade live.
Disney shares climbed after Morgan Stanley analyst Benjamin Swinburne published a research note on Thursday