From it's May bottom at $14.64 FUBO more than doubled to $35 before pulling back. This recent correction shows a Fibonacci retracement of about 50%, if this new bull continues the next target is $45 which would be almost a 50% advance. Today's close wasn't great so a minor pullback to fill the gap is possible. All indicators shown are bullish.
FUBO has 8 analysts covering the stock of which 6 have it rated as a "strong buy" with one year target ratings from $28-$60.
After Tuesdays close FuboTV Inc. (FUBO) came out with a quarterly loss of $0.38 per share
versus the Zacks Consensus Estimate of a loss of $0.54. This compares to
loss of $2.82 per share a year ago. These figures are adjusted for
non-recurring items. Is this a new trend for future earnings?
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