Topeka Capital Starts 21st Century Fox (FOXA) at Buy

Topeka Capital initiated coverage on 21st Century Fox (NASDAQ: FOXA) with a Buy rating and a price target of $43.00.

Analyst David W. Miller said, "In our view, FOXA is perhaps the best Cable Networks operator in the Media sector right now. Yes, Disney's ESPN has secured more sports rights and Time Warner's TV Production business is much more prolific, but in terms of raw financial operations, FOXA's networks, on a comprehensive basis, operate at full tilt."

For an analyst ratings summary and ratings history on 21st Century Fox click here. For more ratings news on 21st Century Fox click here.

Shares of 21st Century Fox closed at $36.50 yesterday.

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