Update: Morgan Stanley Lifts Price Target on News Corp. to $34 From $32.40, Keeps Overweight Rating
Idag, 18:55
12:55 PM EDT, 05/11/2026 (MT Newswires) -- (Updated to include Morgan Stanley's commentary)
Morgan Stanley raised its price target on News (NWSA, NWS) to $34 from $32.40 following the company's reported fiscal Q3 earnings.
The brokerage mentioned that it is more bullish than consensus on REA/Move and Dow Jones, with the quarterly results supporting their thesis.
According to the brokerage, ongoing revenue growth, increasing subscription and digital revenues as a percent of group revenues, and balance sheet strength provides optionality.
News has an average rating of buy and mean price target of $35.20, according to analysts polled by FactSet.
(MT Newswires covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www.mtnewswires.com/contact-us)
Price: 26.59, Change: -0.43, Percent Change: -1.59
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Update: Morgan Stanley Lifts Price Target on News Corp. to $34 From $32.40, Keeps Overweight Rating
Idag, 18:55
12:55 PM EDT, 05/11/2026 (MT Newswires) -- (Updated to include Morgan Stanley's commentary)
Morgan Stanley raised its price target on News (NWSA, NWS) to $34 from $32.40 following the company's reported fiscal Q3 earnings.
The brokerage mentioned that it is more bullish than consensus on REA/Move and Dow Jones, with the quarterly results supporting their thesis.
According to the brokerage, ongoing revenue growth, increasing subscription and digital revenues as a percent of group revenues, and balance sheet strength provides optionality.
News has an average rating of buy and mean price target of $35.20, according to analysts polled by FactSet.
(MT Newswires covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www.mtnewswires.com/contact-us)
Price: 26.59, Change: -0.43, Percent Change: -1.59
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