Needham analyst Laura Martin lowered the firm’s price target on FuboTV (FUBO) to $3 from $3.35 and keeps a Buy rating on the shares. The company reported a “strong” Q1 but offered “weak” guidance for Q2, and the firm is cutting its FY25 revenue view to $1.525B from $1.598B, the analyst tells investors in a research note. Needham adds however that the company it is not seeing higher churn on English-language packages, also noting that it still sees Disney (DIS) on track to buy 70% of FuboTV by Q2 of 2026.
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