In a report released yesterday, David Karnovsky from J.P. Morgan maintained a Buy rating on News Corp (NWSA – Research Report), with a price target of $28.00. The company's shares closed last Monday at $17.63, close to its 52-week low of $16.54. According to TipRanks.com, Karnovsky is a 3-star analyst with an average return of 5.5% and a 43.2% success rate. Karnovsky covers the Services sector, focusing on stocks such as Madison Square Garden Entertainment, Liberty Media Liberty Formula One, and Interpublic Group of Companies. The word on The Street in general, suggests a Strong Buy analyst consensus rating for News Corp with a $30.
https://www.tipranks.com/news/blurbs/j-p-morgan-thinks-news-corps-stock-is-going-to-recover?utm_source=advfn.com&utm_medium=referral
News (NASDAQ:NWSA)
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