Fox Corp. price target raised to $34 from $33 at Rosenblatt

Rosenblatt analyst Barton Crockett raised the firm’s price target on Fox Corp. (FOXA) to $34 from $33 and keeps a Neutral rating on the shares. Fox shares fell 6% Friday, consistent with peers, as worries from the carriage dispute between Disney (DIS) and Charter (CHTR) weighed on the sector, the analyst notes. However, the firm sees the “most likely outcome,” namely Charter gaining more leverage from Disney to push more skinny bundles without ESPN, as “relatively benign for Fox,” the analyst tells investors.