News Corp (NWSA) Receives a Buy from Morgan Stanley
Morgan Stanley analyst Andrew McLeod reiterated a Buy rating on News Corp (NWSA – Research Report) yesterday and set a price target of $37.00. The company's shares closed yesterday at $27.85.
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According to TipRanks, McLeod is a 3-star analyst with an average return of 2.3% and a 50.99% success rate. McLeod covers the Communication Services sector, focusing on stocks such as News Corp, News Corporation Shs B Chess Depository Interests repr 1 Sh, and REA Group Ltd.
News Corp has an analyst consensus of Strong Buy, with a price target consensus of $39.00, which is a 40.04% upside from current levels. In a report released on May 29, Citi also maintained a Buy rating on the stock with a $36.00 price target.
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