fuboTV Inc. (NYSE:FUBO) is one of the 11 Hot Penny Stocks to Buy Right Now. On July 2, Wedbush analyst Alicia Reese reiterated a Buy rating on fuboTV Inc. (NYSE:FUBO) with a price target of $5.
The reiterated bullish sentiment comes after the company on June 26 announced its multi-year agreement with Weigel Broadcasting Co. for the distribution of seven networks. The networks include MeTV, H&I, MOVIES!, and WCIU, The U. MeTV is known as America’s top classic TV entertainment network.
Huge crowds in a sports stadium with their smartphones streaming a live game.
As a result of this agreement, Fubo’s Pro and Elite plan subscribers can now watch Weigel’s national entertainment networks. Moreover, for viewers in the Chicago area, there is even more content as they get access to WCIU-TV, which offers local sports, news, and entertainment.
fuboTV Inc. (NYSE:FUBO) is a TV streaming company that offers subscribers access to live sports events each year, along with other entertainment content.
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Disclosure: None. This article is originally published at Insider Monkey.