Seaport Global Upgrades Fox to Buy from Neutral

Fintel reports that on November 9, 2026, Seaport Global upgraded their outlook for Fox (NASDAQGS:FOX) (LSE:0A0Y) from Neutral to Buy. This rating action follows a prior action by Seaport Global on August 7, 2026, when the firm downgraded the company from Buy to Neutral.

Fox Corporation, headquartered in the United States, operates primarily in the media and entertainment industry. The company focuses on television broadcasting and cable network programming, leveraging its array of assets to deliver content across multiple platforms. Fox Corporation owns and operates the Fox News Channel, Fox Business Network, Fox Broadcasting Company, and various other television stations and multi-channel video programming networks. On November 9, 2026, the latest close for the stock was $60.48. This compares to a pre-action close of $59.49 on November 6, 2026. Looking at recent performance, the stock experienced a one-week price change of +8.16% from a baseline close of $55.92 on November 2, 2026, and a one-month price change of +8.22% from a baseline close of $55.89 on October 9, 2026.

Separate from Seaport Global's individual rating, aggregate consensus data shows a current consensus target mean of $71.18 and a median of $68.89 as of November 2, 2026. This current mean represents an implied change of +17.68% from the stock's valuation and is a -0.20% revision from the prior consensus target mean of $71.32 recorded on October 23, 2026. In the current recommendation period of November 1, 2026, the aggregate analyst recommendations total 28, consisting of 6 strong buy, 12 buy, 10 hold, 0 sell, and 0 strong sell ratings. This represents 64.3% positive recommendations, 35.7% hold recommendations, and 0.0% negative recommendations. In the prior recommendation period of October 1, 2026, the total of 28 recommendations consisted of 5 strong buy, 12 buy, 10 hold, 1 sell, and 0 strong sell ratings, representing 60.7% positive, 35.7% hold, and 3.6% negative recommendations.

Other recent analyst activities include JP Morgan maintaining an Overweight rating on November 3, 2026, with the rating remaining Overweight. Additionally, on October 16, 2026, B of A Securities upgraded Fox from Underperform to Buy.

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This story originally appeared on Fintel.