JPMorgan raised the firm’s price target on News Corp. to $31 from $29 and keeps an Overweight rating on the shares. The analyst does not believe consensus estimates are building in licensing payments relating to ChatGPT, nor does the firm see possible upside materially reflected in the stock’s valuation.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See Insiders’ Hot Stocks on TipRanks >>
Read More on NWSA:
