Liberty Media Co. – Series C Liberty Formula One (FWONK) Now Covered by Morgan Stanley

Liberty Media Co. – Series C Liberty Formula One (FWONK) Now Covered by Morgan Stanley

Morgan Stanley initiated coverage on shares of Liberty Media Co. – Series C Liberty Formula One (NASDAQ:FWONK) in a report issued on Thursday, The Fly reports. The brokerage issued an equal weight rating on the stock.

Several other brokerages have also recently weighed in on FWONK. Zacks Investment Research raised shares of Liberty Media Co. – Series C Liberty Formula One from a hold rating to a buy rating and set a $31.00 price target on the stock in a research report on Friday, October 21st. FBN Securities raised shares of Liberty Media Co. – Series C Liberty Formula One from a sector perform rating to an outperform rating in a research report on Thursday, December 15th.

Liberty Media Co. – Series C Liberty Formula One (NASDAQ:FWONK) opened at 28.74 on Thursday. Liberty Media Co. – Series C Liberty Formula One has a 52-week low of $17.47 and a 52-week high of $33.15. The firm’s 50-day moving average is $30.54 and its 200-day moving average is $27.18.

Liberty Media Co. – Series C Liberty Formula One Company Profile

Liberty Media Corporation owns interests in subsidiaries and other companies, which are engaged in the media, communications and entertainment industries. Through its subsidiaries and affiliates, the Company operates in North America. The Company’s businesses and assets include its consolidated subsidiaries SIRIUS XM and the Atlanta National League Baseball Club, Inc, and its equity affiliate Live Nation Entertainment, Inc SIRIUS XM broadcasts music, sports, entertainment, comedy, talk, news, traffic and weather channels, as well as infotainment services, in the United States on a subscription fee basis through its two satellite radio systems.

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