Guggenheim raised the firm’s price target on News Corp. (NWSA) to $44 from $43 and keeps a Buy rating on the shares after updating the firm’s model to reflect Q2 earnings and management’s forward commentary. FY25 revenue and EBITDA forecasts are now $8.98B and $1.51B, compared to $10.74B and $1.77B previously, the analyst noted.
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