Goldman Sachs upgrades News Corp. (NWSA +0.2%) to Buy from Neutral with a price target of $24...

|About: News Corporation (NWSA)|By:, SA News Editor

Goldman Sachs upgrades News Corp. (NWSA +0.2%) to Buy from Neutral with a price target of $24 from $21, calling NWSA one of the cheapest stocks in its coverage, as shares trade at 10.6x estimated 2013 EPS despite having among the fastest growth, 20% 2011-13 CAGR. The firm sees growth driven by new distribution deals and share repurchases.