Bank of America Securities Reaffirms Their Buy Rating on Fox (FOX)

Bank of America Securities analyst Jessica Reif Ehrlich maintained a Buy rating on Fox today. The company’s shares opened today at $57.20.

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Reif Ehrlich covers the Communication Services sector, focusing on stocks such as Fox, iHeartMedia, and Warner Music Group. According to TipRanks, Reif Ehrlich has an average return of 9.4% and a 52.76% success rate on recommended stocks.

Currently, the analyst consensus on Fox is a Moderate Buy with an average price target of $59.50, representing a 4.02% upside. In a report released on September 18, TR | OpenAI – 4o also reiterated a Buy rating on the stock with a $62.00 price target.

The company has a one-year high of $59.29 and a one-year low of $37.88. Currently, Fox has an average volume of 1.71M.

Based on the recent corporate insider activity of 22 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of FOX in relation to earlier this year.