Disney theme parks face another ‘lost year’ in 2021, analysts forecast

Disney’s theme parks face another “lost year” in 2021 after a nearly $10 billion decline in revenue in 2020 due to the COVID-19 pandemic, according to a new analysts’ report.
Deutsche Bank analysts upgraded Disney stock on the strength of the Disney+ streaming service despite continuing struggles in the company’s theme park and consumer products division.
“At this point, we are assuming that FY21 (beginning 10/1/20) will be another ‘lost year’&rdqu