Macquarie Capital analyst Tim Nollen has upgraded his rating on the stock of Fox
"The ad market is looking better than previously expected, and a return of live sports along with political ad spend in the second half of the calendar year would boost Fox."
"The ad market is looking better than previously expected, and a return of live sports along with political ad spend in the second half of the calendar year would boost Fox," he wrote in a Friday report. "A recovery in valuation stability post the COVID crash gives us the opportunity to reassess our view on Fox shares based on our sum of the parts analysis.
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