TD Cowen analyst Douglas Creutz raised the firm’s price target on Fox Corp. (FOXA) to $55 from $53 and keeps a Hold rating on the shares. The firm said results beat consensus expectations, helped by ad strength at Cable Networks and TV and lower costs. Tubi reached profitability in FQ1, with FY26 total digital losses now expected to be below initial guidance.
TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on FOXA:
- Fox Corp. price target raised to $76 from $65 at UBS
- Fox Corp. price target raised to $65 from $61 at JPMorgan
- Fox Corp. price target raised to $80 from $70 at Wells Fargo
- Fox Corp. price target raised to $64 from $58 at Barclays
- Blackout Strikes! Disney Yanks Channels from Google’s (GOOGL) YouTube TV After Deal Talks Collapse