fuboTV Stock: Headed to $28 a Share?

Share prices of the sports-centric streaming platform fuboTV (NYSE: FUBO) are up 150% over the last three years. But after surging last year, share prices have been volatile throughout 2021. The platform has continued to report strong growth, with revenue up 261% year over year through the first three quarters of the year. Investors can blame a high valuation and fuboTV's lack of profitability for the stock's volatility.

JPMorgan Chase analyst Anna Lizzul, added another reason for the volatility when she recently initiated coverage of the stock, giving it a $28 price target. That's 67% higher than the current share price of $16.72 at the time of writing.

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Source Fool.com