Morgan Stanley Keeps Their Hold Rating on Fox (FOXA)
Morgan Stanley analyst Benjamin Swinburne maintained a Hold rating on Fox today and set a price target of $74.00.
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Swinburne covers the Communication Services sector, focusing on stocks such as Spotify, Netflix, and Comcast. According to TipRanks, Swinburne has an average return of 10.9% and a 53.59% success rate on recommended stocks.
Currently, the analyst consensus on Fox is a Moderate Buy with an average price target of $73.31.
Based on Fox’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $3.74 billion and a net profit of $599 million. In comparison, last year the company earned a revenue of $3.56 billion and had a net profit of $827 million
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