In a report released today, Kannan Venkateshwar from Barclays maintained a Hold rating on Fox (FOXA – Research Report), with a price target of $36.00. The company’s shares closed last Friday at $33.41.
According to TipRanks, Venkateshwar is a 4-star analyst with an average return of 7.2% and a 55.95% success rate. Venkateshwar covers the Communication Services sector, focusing on stocks such as Warner Bros, Paramount Global Class B, and New York Times.
In addition to Barclays, Fox also received a Hold from KeyBanc’s Brandon Nispel in a report issued on May 9. However, on the same day, Deutsche Numis maintained a Buy rating on Fox (NASDAQ: FOXA).
The company has a one-year high of $34.81 and a one-year low of $28.15. Currently, Fox has an average volume of 3.21M.
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Fox (FOXA) Company Description:
Fox Corp. delivers compelling news, sports and entertainment content. The company provides news under the brands FOX News, FOX Business, FS1, FS2, Big Ten Network, FOX Network and FOX Television Stations. It empowers a diverse range of creators to imagine and develops culturally significant content, while building an organization that thrives on creative ideas, operational expertise and strategic thinking. The company was founded on May 3, 2018 and is headquartered in New York, NY.
Read More on FOXA:
- Shopify upgraded, SolarEdge downgraded: Wall Street’s top analyst calls
- Fox Corp. price target raised to $39 from $38 at Deutsche Bank
- Fox Corp. upgraded to Buy at BofA on expected FY25 earnings acceleration
- Fox Corp. upgraded to Buy from Neutral at BofA
- FOX REPORTS THIRD QUARTER FISCAL 2024 REVENUES OF $3.45 BILLION, NET INCOME OF $704 MILLION, AND ADJUSTED EBITDA OF $891 MILLION
