Walt Disney (NYSE: DIS) shares have been on a roll. The stock is higher by 25% year to date. This week, analysts at Morgan Stanley said they still believe the stock is a buy and boosted the firm's price target on Disney.

The new target of $135 per share is a raise of 23% from the previous target and would represent a gain of 20% from Disney's recent stock price. The analysts highlighted several things that show the momentum in Disney shares should continue.

Disney has made several recent announcements showing a renewed focus on driving profitability. In its recent quarterly conference call for analysts, CEO Bob Iger stressed building the streaming segment into a profitable one, reinvigorating its lagging film studio offerings, and investing in its successful parks segment.

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Source Fool.com