Fox's Roku Deal 'Fundamentally Changes' the Game, Analyst Upgrades Stock to Buy
Fox stock rises after BofA upgrade to Buy. Analyst targets $85, pointing to Roku streaming potential and major cost savings.
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Fox stock rises after BofA upgrade to Buy. Analyst targets $85, pointing to Roku streaming potential and major cost savings.
Fox (FOXA) has been upgraded to a Zacks Rank #2 (Buy) rating, primarily driven by upward trends in earnings estimates. The company is expected to earn $5.94 per share for fiscal year 2027, with analysts raising consensus estimates by 3.4% over the past three months. The upgrade positions Fox in the top 20% of Zacks-covered stocks, suggesting potential for near-term stock price appreciation.
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