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News 2026-10-16 14:52 UTC

BUZZ — Fox gains after BofA double upgrades on Roku deal

* Fox Corp shares up 1.7% to $65.08 on Fri after BofA Global Research upgrades media co to 'buy' from 'underperform', saying the pending Roku acquisition improves risk-reward and streaming positioning * Brokerage hikes PT from $54 to $85, implying 33% upside to stock's last close; Wall Street median analyst PT is $76,