Fox Corp. price target lowered to $33 from $35 at Rosenblatt

Rosenblatt lowered the firm’s price target on Fox Corp. to $33 from $35 and keeps a Neutral rating on the shares. The new target reflects the analyst’s "best take" on the after-tax $1 per share hit from the Dominion settlement. The firm assumes a "similar hit to come" from a Smartmatic USA settlement next year. It assumes the counting of lawsuits "is enough to prompt better legal controls going forward, so this doesn’t happen again."