JP Morgan Maintains Neutral on Fox, Raises Price Target to $41
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst David Karnovsky maintains a Neutral rating on Fox (NASDAQ:FOXA) but raises the price target from $38 to $41.
September 25, 2024 | 3:26 pm
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JP Morgan has maintained its Neutral rating on Fox but increased the price target from $38 to $41, indicating a slightly more positive outlook.
The increase in the price target from $38 to $41 suggests a more optimistic view on Fox's future performance, which could lead to a positive short-term impact on the stock price. However, the Neutral rating indicates that the analyst does not expect significant outperformance.
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