Seaport Global upgrades Fox Corp. to Buy; $76 target
The upgrade and substantial target-price gap are a positive directional signal, though analyst targets are opinions and FOX has already risen 8% since the signal.
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The upgrade and substantial target-price gap are a positive directional signal, though analyst targets are opinions and FOX has already risen 8% since the signal.
What happened, with direct paths to the underlying reporting
Seaport Global upgraded FOX to Buy and set a $76 price target versus the posted price of $59.86, implying about 27% upside.
Target: $76
Posted price: $59.86
Analyst firm: Seaport Global
Analyst: David Joyce
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