FOXA Stock Plunges To 52-Week Low: BofA Thinks It May Stay In ‘Deal Limbo’ Even With A World Cup Catalyst
According to a report from Investing.com, BofA Securities reiterated an ‘Underperform’ rating on the stock with a $54 price target. BofA said that while Fox is well-positioned to benefit from advertising tied to the FIFA World Cup, it expects shares to remain range-bound amid the pending acquisition of Roku. The analyst also said that Fox’s … Read more