Morgan Stanley Maintains Equal-Weight on Fox, Raises Price Target to $40
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Benjamin Swinburne maintains an Equal-Weight rating on Fox (NASDAQ:FOXA) and raises the price target from $38 to $40.
November 01, 2024 | 1:11 pm
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Morgan Stanley has maintained its Equal-Weight rating on Fox and increased the price target from $38 to $40, indicating a slightly more positive outlook.
The increase in the price target from $38 to $40 by Morgan Stanley suggests a slightly more optimistic view on Fox's stock performance. This could lead to a positive short-term impact on the stock price as investors may perceive the raised target as a sign of potential growth or stability.
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