Macquarie Upgrades News to Outperform
Portfolio Pulse from Benzinga Newsdesk
Macquarie analyst Darren Leung upgrades News Corp (NASDAQ:NWSA) from Neutral to Outperform, indicating a positive outlook on the company's stock.

February 08, 2024 | 4:25 pm
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News Corp's stock has been upgraded by Macquarie analyst Darren Leung from Neutral to Outperform, suggesting a bullish outlook.
Analyst upgrades typically lead to a positive short-term reaction in the stock market as they reflect a positive change in the analyst's view on the company's future performance. Given that this upgrade comes from a reputable analyst at Macquarie, it is likely to influence investor sentiment positively, potentially leading to an increase in stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100