Is fuboTV Going to $40 or $6.50?
There's a new bull in fuboTV's (NYSE: FUBO) corner. Barrington analyst James Goss has picked up coverage of the fledgling live-TV streaming service with an outperform rating. His $40 price target for the stock is nearly 33% higher than where it closed Wednesday.
Goss is impressed by fuboTV's value proposition for sports fans, as roughly 40 of the 117 live-streaming channels it offers in its base package are dedicated to global sporting events. He accepts fuboTV's current lack of profitability, but feels that management is making the right moves to get into the black.
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Source Fool.com
