Bernstein Initiates Coverage On Fox with Market Perform Rating, Announces Price Target of $32
Portfolio Pulse from Benzinga Newsdesk
Bernstein analyst Laurent Yoon has initiated coverage on Fox (NASDAQ:FOXA) with a Market Perform rating and a price target of $32.

October 06, 2023 | 10:17 am
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Fox Corporation has been initiated with a Market Perform rating by Bernstein, with a price target of $32.
The initiation of coverage by Bernstein with a Market Perform rating suggests that the analyst believes the stock will perform in line with the market. This is neither a strong buy nor a sell signal, hence the neutral score. The price target of $32 provides a reference point for investors, but does not necessarily suggest a significant short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100