{
  "id": 19778834,
  "title": "Morgan Stanley resumes Fox stock coverage citing Roku deal synergies",
  "url": "https://urgent.news/2026/11/13/morgan-stanley-resumes-fox-stock-coverage-citing-roku-deal-synergies",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-11-13T08:22:57.000Z",
  "source": {
    "name": "Investing.com",
    "slug": "investing-com",
    "url": "https://www.investing.com/news/analyst-ratings/morgan-stanley-resumes-fox-stock-coverage-citing-roku-deal-synergies-93CH-5024413"
  },
  "original_language": "en",
  "account": "Morgan Stanley has reinstated coverage on Fox Corp. (NASDAQ:FOXA), assigning the company an Overweight rating with a price target of $90.00. The investment firm highlighted the synergies stemming from Fox's acquisition of Roku, citing potential cost and revenue synergies that could bolster the stock's value. With Roku's enterprise value deal concluding earlier than anticipated, Morgan Stanley predicts Fox will capitalize on mid to high single-digit revenue growth during fiscal years 2028 and 2029. The firm estimates Roku's contribution to Fox's revenue stream could generate $500 million to $1 billion in additional revenue. Currently trading at $65.71, FOXA's P/E ratio stands at 14.12, and the investment bank asserts that the stock is undervalued relative to its Fair Value. Investors should note that two-thirds of strong mid-term political advertising revenues are anticipated in the current quarter, ending in December. Other market participants, such as Seaport Global Securities and Citizens, have also voiced positive sentiments towards Fox Corp., upgrading its rating to Buy and maintaining a Market Outperform rating, respectively.",
  "summary": null,
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}