UBS on FOX Corp. (FOXA): 'we look for 4.6% yoy total affiliate growth in F4Q'

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FOX Corp. (FOXA) PT Raised to $40 at Citi

June 27, 2024 10:56 AM EDT

Citi analyst Jason Bazinet raised the price target on FOX Corp. (NASDAQ: FOXA) to $40.00 (from $38.00) while maintaining a Buy rating.

The analyst comments "We are updating our model to account for modest revisions to our estimates prior to F4Q24 results. We... More

Goldman initiates coverage on US media stocks - Disney, Fox assigned Buy ratings

June 25, 2024 10:01 AM EDT

Goldman Sachs assessed the US media landscape in a note Tuesday, initiating coverage on several major players.

Their ratings prioritize companies with strong "competitive moats" that can navigate the industry's current transition.

These moats include reduced reliance on general entertainment TV networks, a focus on sports and news, a strong brand portfolio, and direct-to-consumer (DTC) profitability.

Goldman assigns Buy ratings to Walt Disney (NYSE:... More

Goldman Sachs Starts FOX Corp. (FOXA) at Buy

June 25, 2024 3:46 AM EDT

Goldman Sachs analyst Michael Ng initiates coverage on FOX Corp. (NASDAQ: FOXA) with a Buy rating and a price target of $42.00.

The analyst comments: "Although FOXA faces EBITDA headwinds due to cord cutting and declining linear viewership (GSe EBITDA CAGR of -4% F2024E-28E), we see the stock as attractively valued... More