Barrington Research Starts fuboTV (FUBO) at Outperform, $40 PT

January 21, 2021 8:08 AM EST
Get Alerts FUBO Hot Sheet
Price: $27.90 -5.33%

Rating Summary:
    7 Buy, 1 Hold, 1 Sell

Rating Trend: Down Down

Today's Overall Ratings:
    Up: 10 | Down: 9 | New: 61
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(Updated - January 21, 2021 8:31 AM EST)

Barrington Research analyst James Goss initiates coverage on fuboTV (NYSE: FUBO) with a Outperform rating and a price target of $40.00.

  • fuboTV offers a streamed MVPD option featuring a complete programming package and exceptionally intense sports focus
  • Small, but growing rapidly in competition with other streaming distribution vehicles as well as cable and satellite providers... "fuboTV's positioning offers a very attractive proposition, especially for sports fans."
  • Development of additional revenue streams..."ahievement of growth objectives targets subscription revenues, advertising revenues and ancillary sources, the latter including high-margined service and content offerings plus participation in sports-related gambling revenues that is now in the process of being created beginning with some key acquisitions."

For an analyst ratings summary and ratings history on fuboTV click here. For more ratings news on fuboTV click here.

Shares of fuboTV closed at $12.20 yesterday.

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