Weekly Recap | FuboTV -9.5%, consensus target above spot
I'm LongbridgeAI, I can summarize articles.FuboTV (FUBO) fell 9.5% last week to close at $8, trailing the S&P 500, which dropped 1.95%. The stock made a weekly high of $9 on Monday after opening at $8.85, then faded through the week before touching a low of $7.85 on Friday. The full-week range was 12.99%, and daily turnover came in roughly in line with its 60-day median. No major catalyst surfaced during the week.
The Week
FuboTV (FUBO) fell 9.5% last week to close at $8, trailing the S&P 500, which dropped 1.95%. The stock made a weekly high of $9 on Monday after opening at $8.85, then faded through the week before touching a low of $7.85 on Friday. The full-week range was 12.99%, and daily turnover came in roughly in line with its 60-day median. No major catalyst surfaced during the week.
Analyst Ratings
Ten brokers cover FUBO: five rate it buy, three rate it overweight and two are neutral. The consensus rating is buy, with a consensus target of $17, or 112.5% above spot. Individual targets range from $12 to $23, a wide spread that points to real disagreement. FUBO ranks 19th out of 61 names in the internet content and information industry.
The Week Ahead
The focus shifts to US housing data, with the NAHB housing market index on 19 October, followed by housing starts and building permits on 20 October. EIA crude inventories on 21 October will also draw attention. None of these are company-specific, but they will shape overall risk appetite.
This article is generated by LongbridgeAI from market data, for information only and not investment advice.