fuboTV (NYSE:FUBO – Get Free Report)‘s stock had its “buy” rating reissued by stock analysts at Needham & Company LLC in a research report issued on Wednesday, Benzinga reports. They presently have a $2.00 price objective on the stock. Needham & Company LLC’s price target would suggest a potential upside of 58.10% from the stock’s current price.
FUBO has been the topic of a number of other reports. Wedbush reaffirmed an “outperform” rating and issued a $5.00 price target on shares of fuboTV in a research note on Wednesday, May 1st. Cantor Fitzgerald reiterated an “overweight” rating and issued a $2.90 target price on shares of fuboTV in a report on Wednesday, May 1st. Two research analysts have rated the stock with a hold rating and three have issued a buy rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $2.88.
Read Our Latest Research Report on fuboTV
fuboTV Stock Performance
Institutional Inflows and Outflows
Several institutional investors and hedge funds have recently modified their holdings of the business. PFG Investments LLC purchased a new stake in shares of fuboTV in the 1st quarter valued at approximately $27,000. Power Wealth Management LLC acquired a new stake in shares of fuboTV in the fourth quarter worth $34,000. DekaBank Deutsche Girozentrale purchased a new position in shares of fuboTV during the fourth quarter valued at $36,000. Public Employees Retirement System of Ohio acquired a new position in fuboTV during the first quarter valued at $44,000. Finally, Arkadios Wealth Advisors acquired a new position in fuboTV during the second quarter valued at $76,000. Institutional investors own 39.31% of the company’s stock.
fuboTV Company Profile
fuboTV Inc operates a live TV streaming platform for live sports, news, and entertainment content in the United States and internationally. The company's platform allows customers to access content through streaming devices, as well as on SmartTVs, mobile phones, tablets, and computers. fuboTV Inc was incorporated in 2009 and is headquartered in New York, New York.
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