Guggenheim raised the firm’s price target on Fox Corp. (FOX) (FOXA) to $85 from $75 and keeps a Buy rating on the shares, highlighting it as the analyst’s top Buy idea among the firm’s media coverage universe ahead of 2026. Looking forward, the firm views the company as positioned to benefit from advertising demand; relative outperformance in subscription trends; a new cycle of distributor renewals, where Fox will continue as a relative share taker; a robust content cycle including the World Cup and U.S. elections; and measured investment into incremental growth areas including Tubi, Fox One and sports gambling, the analyst tells investors.
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