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jimmybob

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jimmybob

Re: jimmybob post# 343212

Wednesday, 11/11/2020 7:11:14 AM

Wednesday, November 11, 2020 7:11:14 AM

Post# of 364139
FuboTV price target raised to $29 from $20 at Roth Capital
Roth Capital analyst Darren Aftahi raised the firm's price target on FuboTV to $29 from $20 and keeps a Buy rating on the shares. The analyst notes that the company's Q3 results beat on subscribers and ARPU outperformance, while CAC fell modestly year-over-year. Its Q4 and 2021 guides were raised, he adds. While Aftahi is "encouraged" by results, he steps back and suggests to investors 80M U.S. households remain "ripe" to cut the cord

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