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FuboTV initiated with an Outperform at Citizens

Citizens initiated coverage of FuboTV (FUBO) with an Outperform rating and $13 price target The firm says the media and entertainment sector “is evolving alongside shifting consumer preferences.” As AI advances, the migration toward streaming will accelerate, reflecting demand for personalized, on-demand viewing, the analyst tells investors in a research note. Citizens names Sphere Entertainment its top pick in the group.

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