Fox Stock Upgraded As Roku Acquisition Reconsidered

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Fox (FOXA) stock plunged after the television broadcaster announced the acquisition of Roku (ROKU) in a pivot to streaming video. But at least one analyst thinks the stock drop was an overreaction. Wolfe Research analyst Peter Supino on Wednesday upgraded Fox stock to outperform from peer perform and set a price target of 71. "Combining Fox and Roku strengthens both…

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6/23/2026 Cathie Wood's firm ARK Invest bought more than 200,000 shares of Elon Musk's SpaceX on Monday when the stock tumbled...

6/23/2026 Cathie Wood's firm ARK Invest bought more than 200,000 shares...

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Fuente original: Yahoo Finance (https://www.investors.com/news/technology/fox-stock-upgraded-as-roku-acquisition-reconsidered/?src=A00220&yptr=yahoo)