JP Morgan Maintains Overweight on News, Raises Price Target to $28
Portfolio Pulse from richadhand@benzinga.com
JP Morgan analyst Alexia Quadrani maintains an Overweight rating on News Corp (NASDAQ:NWSA) and raises the price target from $27 to $28.
August 21, 2023 | 2:38 pm
News sentiment analysis
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POSITIVE IMPACT
JP Morgan maintains an Overweight rating on News Corp and raises the price target from $27 to $28, which could lead to a positive market reaction.
The raised price target by JP Morgan indicates a positive outlook for News Corp. This could lead to increased investor confidence and potentially a rise in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100