Goldman Sachs keeps a Buy rating and $51 price target on Fox Corp. (FOXA) after meeting with its management team earlier today. The firm’s visit added to its confidence in the stock given the company’s portfolio of high quality sports and news networks which positions it well to navigate through industry changes, including more skinny bundles, the growing importance of broadcast, sports, and news, and more direct-to-consumer offerings, the analyst tells investors in a research note.
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