UBS reiterates Buy on Fox stock, keeps $78 price target on growth
UBS reiterated a Buy rating on Fox Corp. (FOXA) with a $78 price target, citing undervaluation and growth potential. The firm expects 35% YoY ad growth and raised Tubi's growth estimate to 25%. Fox's Q1 EBITDA is projected at $1.37B. Other analysts also raised price targets, with some citing the World Cup and Roku merger. The stock trades at $63.52 with a P/E of 16.96.




