Needham Maintains Buy on FuboTV, Lowers Price Target to $2
Portfolio Pulse from Benzinga Newsdesk
Needham analyst Laura Martin maintains a Buy rating on FuboTV (NYSE:FUBO) but lowers the price target from $3 to $2.
July 05, 2024 | 3:00 pm
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NEUTRAL IMPACT
Needham analyst Laura Martin maintains a Buy rating on FuboTV but lowers the price target from $3 to $2.
The maintained Buy rating suggests continued confidence in FuboTV's potential, but the lowered price target indicates tempered expectations. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100