Wells Fargo analyst Steven Cahall maintained a Buy rating on Fox on September 30 and set a price target of $70.00. The company’s shares closed yesterday at $61.89.
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According to TipRanks, Cahall is a 4-star analyst with an average return of 7.4% and a 55.10% success rate. Cahall covers the Communication Services sector, focusing on stocks such as Fox, Gray Television, and Omnicom Group.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Fox with a $63.79 average price target, a 3.07% upside from current levels. In a report released yesterday, Bank of America Securities also reiterated a Buy rating on the stock with a $70.00 price target.
FOXA market cap is currently $26.17B and has a P/E ratio of 12.85.
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