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Fox (FOXA) Receives a Hold from Barclays

Tipranks - Tipranks - Wed Jan 21, 3:28AM CST

In a report released today, Kannan Venkateshwar from Barclays maintained a Hold rating on Fox, with a price target of $64.00.

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According to TipRanks, Venkateshwar is a 4-star analyst with an average return of 9.2% and a 56.90% success rate. Venkateshwar covers the Communication Services sector, focusing on stocks such as Comcast, Spotify, and Netflix.

In addition to Barclays, Fox also received a Hold from Bernstein’s Laurent Yoon in a report issued on January 13. However, yesterday, TipRanks – Anthropic reiterated a Buy rating on Fox (NASDAQ: FOXA).

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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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