Evercore ISI Reaffirms Their Hold Rating on Fox (FOXA)
π Evercore ISI analyst Kutgun Maral reaffirmed a Hold rating on Fox Corp. (NASDAQ: FOXA) with a price target of $73.00.
π Based on fourth-quarter results, the company reported revenue of $5.18 billion and net profit of $229 million.
π This represents an increase in revenue from last year's $5.08 billion but a decrease in net profit compared to the previous year's $373 million.
π Barclays analyst Kannan Venkateshwar also issued a Hold rating on Fox Corp. in a report released today.
π Conversely, Deutsche Bank maintained its Buy rating on Fox Corp. with a price target of $45.00 (as referenced in similar analysis).
πΌ Wells Fargo raised their price target for Fox Corp. from $67 to $71.
πΌ JPMorgan increased their price target for Fox Corp. from $69 to $70.
π½ BofA lowered their price target for Fox Corp. from $45 to $54, though this may refer to a different ticker or specific class.
π° Analyst Kutgun Maral has an average return of 1.3% and a 46.58% success rate on recommended stocks.
π° The report was released via TipRanks on Wednesday, May 13, at 9:48 AM CDT.