Fox shares are trading higher after Wells Fargo upgraded the stock from Underweight to Overweight and raised its price target from $29 to $46.
Portfolio Pulse from Benzinga Newsdesk
Fox shares are trading higher after Wells Fargo upgraded the stock from Underweight to Overweight and raised its price target from $29 to $46.
August 16, 2024 | 12:35 pm
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POSITIVE IMPACT
Wells Fargo upgraded Fox stock from Underweight to Overweight and increased the price target from $29 to $46, leading to a rise in Fox shares.
The upgrade from Wells Fargo and the significant increase in the price target are strong positive signals for investors, likely driving the stock price higher in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100