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.
Maximize Your Portfolio with Data Driven Insights:
- Leverage the power of TipRanks' Smart Score, a data-driven tool to help you uncover top performing stocks and make informed investment decisions.
- Monitor your stock picks and compare them to top Wall Street Analysts' recommendations with Your Smart Portfolio
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on FOXA: