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Fox Corp. price target raised to $64 from $59 at Wells Fargo

Fox Corp. price target raised to $64 from $59 at Wells Fargo

Wells Fargo raised the firm’s price target on Fox Corp. (FOXA) to $64 from $59 and keeps an Overweight rating on the shares. The firm notes the company beat Q2, and its estimates move higher buoyed by FN. Fox will be in streaming by year-end, which Wells thinks will deliver upside to sports longer-term. Fox is the firm’s top Value idea.

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