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It’s time for those Wall Street analysts in the pay-TV sector to have a stiff drink after one of the wildest swings in media shares since the financial meltdown.

Disney stock hit an all-time high on Wednesday, then started its Space Mountain plunge into the depths of after-hours trading after Disney’s chief Bob Iger’s frightening phrases like, “Friends at Netflix,” “ESPN subscriber losses” and “à la carte.”

After almost $50 billion was wiped out from media market caps, by Friday it looked like stock prices were reversing some of the slide.

Disney — also welcoming a new chief financial officer, Christine McCarthy — managed to bamboozle analysts across the board, but Topeka Capital’s David Miller may have been the one with the reddest face.

Just last week, Miller put a $138 price target on the stock on high hopes for the Shanghai park. The average price target is $121.60, according to Yahoo! Finance. Miller’s résumé notes he has won Starmine awards for earnings accuracy and that he’s a former assistant accountant at Disney. Disney’s stock ended the week off 9 percent, closing at $109.35.

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