BofA analyst Jessica Reif Ehrlich raised the firm’s price target on Fox Corp. (FOX) (FOXA) to $65 from $60 and keeps a Buy rating on the shares. The firm anticipates Fox’s fiscal Q4 results will largely reflect a continuation of positive trends as it believes Fox’s “live” portfolio of mainly news and sports remains well positioned as underlying ratings continue to outperform other segments, the analyst tells investors.
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