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Citi says buy the dip in this media stock

Fri, 17 Jul 2026 09:29:51 -0400

Investing.com -- Citi named one well-known media firm its Top Pick in a note Friday, maintaining a $78 price target and arguing that the stock's recent decline is "overdone."

Fox is the stock in question, with the decline coming following its Roku acquisition.

Fox announced on June 15 that it had acquired Roku, with the transaction expected to close in the first half of 2027.

The deal terms include 60% cash at $96 per share and 40% stock at 0.969 FOXA shares per Roku share, representing a 33% premium alongside $400 million in expected cost savings.

Citi said

Citi says buy the dip in this media stock

Fri, 17 Jul 2026 09:29:51 -0400

Investing.com -- Citi named one well-known media firm its Top Pick in a note Friday, maintaining a $78 price target and arguing that the stock's recent decline is "overdone."

Fox is the stock in question, with the decline coming following its Roku acquisition.

Fox announced on June 15 that it had acquired Roku, with the transaction expected to close in the first half of 2027.

The deal terms include 60% cash at $96 per share and 40% stock at 0.969 FOXA shares per Roku share, representing a 33% premium alongside $400 million in expected cost savings.

Citi said

Citi says buy the dip in this media stock

Fri, 17 Jul 2026 09:29:51 -0400

Investing.com -- Citi named one well-known media firm its Top Pick in a note Friday, maintaining a $78 price target and arguing that the stock's recent decline is "overdone."

Fox is the stock in question, with the decline coming following its Roku acquisition.

Fox announced on June 15 that it had acquired Roku, with the transaction expected to close in the first half of 2027.

The deal terms include 60% cash at $96 per share and 40% stock at 0.969 FOXA shares per Roku share, representing a 33% premium alongside $400 million in expected cost savings.

Citi said

Citi says buy the dip in this media stock

Fri, 17 Jul 2026 09:29:51 -0400

Investing.com -- Citi named one well-known media firm its Top Pick in a note Friday, maintaining a $78 price target and arguing that the stock's recent decline is "overdone."

Fox is the stock in question, with the decline coming following its Roku acquisition.

Fox announced on June 15 that it had acquired Roku, with the transaction expected to close in the first half of 2027.

The deal terms include 60% cash at $96 per share and 40% stock at 0.969 FOXA shares per Roku share, representing a 33% premium alongside $400 million in expected cost savings.

Citi said

Citi Reiterates Buy Rating on FOX Corp. (FOXA), New Top Pick

Fri, 17 Jul 2026 06:16:22 -0400

Citi analyst Jason Bazinet reiterated a Buy rating and $78.00 price target on FOX Corp. (NASDAQ: FOXA) and added stock to its Top Pick list.

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

Shares of FOX Corp. closed at $56.81 yesterday.

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