Shares of sports streaming service fuboTV (NYSE: FUBO) were up on Friday in sharp contrast to the broad decline of the stock market. As of 12:50 p.m. ET, fuboTV stock was up 4% but it had been up as much as 10% earlier in the session. Analyst Michael Pachter of Wedbush believes that fuboTV stock can beat the market from here and he accordingly upgraded the stock, according to The Fly.
Wedbush analyst Michael Pachter upgrades shares to Outperform from Neutral on Friday after downgrading the stock in August.
Yahoo Finance Live anchors discuss Wedbush's upgrade on FuboTV shares.