Fox Corp. price target raised to $50 from $39 at Barclays

Barclays raised the firm’s price target on Fox Corp. (FOXA) to $50 from $39 and keeps an Equal Weight rating on the shares post the earnings report. The company showed “excellent execution” and an “exceptional event calendar” should continue to support growth, but the stock’s valuation is “starting to look rich,” the analyst tells investors in a research note.