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Fox Corp. price target raised to $62 from $58 at Wells Fargo

Wells Fargo raised the firm’s price target on Fox Corp. (FOXA) to $62 from $58 keeps an Overweight rating on the shares after strong quarterly results. The firm notes Fox Corp. remains a top value idea for Wells. Further, it sees “ways to win” that include News delivering estimate upside, sports in streaming against low expectations and the value creation below the line.

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