Wedbush Remains a Buy on fuboTV (FUBO)

Wedbush analyst Michael Pachter reiterated a Buy rating on fuboTV (FUBOResearch Report) today and set a price target of $5.00. The company’s shares closed last Friday at $3.39.

According to TipRanks, Pachter is an analyst with an average return of -8.1% and a 38.07% success rate. Pachter covers the Technology sector, focusing on stocks such as fuboTV, Unity Software, and Electronic Arts.

fuboTV has an analyst consensus of Moderate Buy, with a price target consensus of $4.90, a 44.54% upside from current levels. In a report released today, Evercore ISI also maintained a Buy rating on the stock with a $6.00 price target.

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FUBO market cap is currently $628.2M and has a P/E ratio of -1.10.

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Operating as a sports-focused live TV streaming service, fuboTV offers access to over 100 live TV channels, including many of Nielsen’s top ranked networks

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