- News Corp. is higher premarket (NWSA +2%) after an upgrade to Neutral at JPMorgan.
- Analyst Alexia Quadrani is making the move on valuation. Shares have declined 12% over the past six months, incorporating a heavier dip during March and April amid the pandemic-related pullback.
- She's increased her target to $12 from $10, vs. yesterday's close of $12.75.
- Overall, Street analysts have a Neutral outlook on the stock, which has a Quant Rating of Neutral.
News Corp. +2% as JPMorgan lifts to Neutral on valuation
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Symbol | Last Price | % Chg |
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NWSA | - | - |
News Corporation |