TD Cowen analyst Douglas Creutz raised the firm’s price target on Fox Corp. (FOXA) to $65 from $55 and keeps a Hold rating on the shares. The firm said its Q2 results beat the firm’s and consensus expectations, driven by ad strength at Cable Networks and TV as well as lower than expected costs.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
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 $78 from $76 at UBS
- Fox Corp. price target raised to $77 from $74 at Morgan Stanley
- Fox Corp. price target raised to $78 from $77 at Citi
- Fox Corporation: Solid Fundamentals and Streaming Momentum Offset by Structural Linear TV Headwinds, Justifying Hold Rating
- Fox Corp. price target lowered to $63 from $64 at Barclays
