Seaport Research upgraded FuboTV (FUBO) to Buy from Neutral with a $3 price target. The company just posted their first quarter post-merger of Disney’s (DIS) Hulu Live with FuboTV and shares fell dramatically, but the firm believes that this now provides an interesting opportunity in the face of uncertainty, the analyst tells investors in a research note.
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 FUBO: