Fox Corp beats revenue estimates on political ads demand

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Go back to Fox Corp beats revenue estimates on political ads demand

FOX Corp. (FOXA) PT Raised to $31 at Rosenblatt

November 2, 2022 7:18 AM EDT

Rosenblatt analyst Barton Crockett raised the price target on FOX Corp. (NASDAQ: FOXA) to $31.00 (from $30.00) while maintaining a Neutral rating.

The analyst commented, "Fox's F1Q23 results featured strong performances, offset by a deteriorating traditional pay TV foundation."

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Guggenheim Reiterates Buy Rating on FOX Corp. (FOXA) Following Q3 Beat

November 1, 2022 1:23 PM EDT

Guggenheim analyst Michael Morris reiterated a Buy rating and $43.00 price target on FOX Corp. (NASDAQ: FOXA) following the Q3 beat.

The analyst commented, "Fiscal 1Q23 revenue of $3.19bn was ahead of our/consensus $3.16bn/$3.17bn while EBITDA of $1.09bn compared to $1.04bn/$1.05bn. Ad... More