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Evercore ISI Sticks to Its Hold Rating for Fox (FOXA)

Tipranks - Tipranks - Fri Feb 6, 8:18AM CST

Evercore ISI analyst Kutgun Maral maintained a Hold rating on Fox today and set a price target of $70.00.

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According to TipRanks, Maral is a 3-star analyst with an average return of 1.2% and a 44.55% success rate. Maral covers the Communication Services sector, focusing on stocks such as Walt Disney, New York Times, and AT&T.

In addition to Evercore ISI, Fox also received a Hold from J.P. Morgan’s David Karnovsky in a report issued today. However, on the same day, UBS maintained a Buy rating on Fox (NASDAQ: FOXA).

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Based on Fox’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $5.18 billion and a net profit of $229 million. In comparison, last year the company earned a revenue of $5.08 billion and had a net profit of $373 million

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