Wolfe Research Upgrades Fox to Peer Perform
Portfolio Pulse from Benzinga Newsdesk
Wolfe Research analyst Peter Supino has upgraded Fox Corporation (NASDAQ:FOXA) from Underperform to Peer Perform, indicating a change in the firm's outlook on the stock.

January 04, 2024 | 2:10 pm
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Fox Corporation has been upgraded by Wolfe Research from Underperform to Peer Perform, suggesting a neutral outlook on the stock's performance relative to its peers.
Upgrades by analysts often lead to a positive short-term reaction in the stock market as they suggest improved performance or potential relative to previous expectations. The upgrade from Underperform to Peer Perform indicates that Wolfe Research now views Fox Corporation's stock as performing in line with its peers, rather than lagging behind. This could increase investor confidence and potentially lead to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100