On Nov 05, major Wall Street analysts update their ratings for $Fox Corp-A (FOXA.US)$, with price targets ranging from $42 to $50.
Wells Fargo analyst Steven Cahall maintains with a buy rating, and maintains the target price at $49.
TD Cowen analyst Doug Creutz maintains with a hold rating, and adjusts the target price from $36 to $42.
Guggenheim analyst Michael Morris maintains with a buy rating, and adjusts the target price from $45 to $50.
CFRA analyst Ken Leon upgrades to a hold rating, and adjusts the target price from $38 to $46.
Furthermore, according to the comprehensive report, the opinions of $Fox Corp-A (FOXA.US)$'s main analysts recently are as follows:
Fox Corp. experienced a significant uptick in revenue, resulting in a 20% growth in segment OIBDA during fiscal Q1. This growth is largely attributed to a substantial increase in political advertising spend and a recovery in Fox News ratings. However, it's anticipated that these contributing factors will diminish in the second half of the year, and challenges associated with linear television are expected to persist.
Fox Corp.'s Q1 revenue surpassed consensus estimates, and a notable beat on EBITDA was primarily attributed to reduced costs within their core Cable Networks segment.
The firm observes that Fox Corp. is well-positioned to transition its sports offerings to streaming platforms in a manner that may enhance its revenue. Additionally, with robust viewership and potential opportunities in both consolidation and sports betting in the future, the company is seen as a strong contender within the media sector with favorable risk-adjusted prospects.
Here are the latest investment ratings and price targets for $Fox Corp-A (FOXA.US)$ from 4 analysts:
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美东时间11月5日，多家华尔街大行更新了$福克斯公司-A (FOXA.US)$的评级，目标价介于42美元至50美元。
富国集团分析师Steven Cahall维持买入评级，维持目标价49美元。
TD Cowen分析师Doug Creutz维持持有评级，并将目标价从36美元上调至42美元。
Guggenheim分析师Michael Morris维持买入评级，并将目标价从45美元上调至50美元。
CFRA分析师Ken Leon上调至持有评级，并将目标价从38美元上调至46美元。
此外，综合报道，$福克斯公司-A (FOXA.US)$近期主要分析师观点如下：
福克斯公司的营业收入出现了显著增长，在财政第一季度，板块OIBDA增长了20%。这种增长主要归因于政治广告支出大幅增加和福克斯新闻收视率的恢复。然而，预计这些因素在年度下半年会减弱，与电视台相关的挑战预计会持续。
福克斯公司第一季度的营业收入超过了共识预期，EBITDA方面的显著超出主要归因于核心有线电视网络部门的成本降低。
该公司认为福克斯公司有望将其体育产品转型到流媒体平台，可能会增加其营业收入。此外，由于强劲的收视率和未来在合并和体育博彩方面的潜在机会，该公司被视为在媒体板块中具有有利风险调整前景的强劲竞争者。
以下为今日4位分析师对$福克斯公司-A (FOXA.US)$的最新投资评级及目标价：
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