J.P. Morgan raises Fox's PT on better performance in cable, corporate segments

** J.P. Morgan raises PT on Fox Corp FOXA.O to $61 from $57; retains "neutral" rating

** Brokerage sees FOXA reporting higher profits for fiscal Q1 and fiscal 2026, citing better performance in cable and corporate segments

** J.P. Morgan forecasts slightly better outlook for cable networks than television due to positive commentary on advertising demand environment from company at recent conference

** Nine of 23 analysts rate stock "buy" or higher, 13 "hold", and one "sell"; median PT is $62 - data compiled by LSEG

** Shares up 0.5% at $60.50 premarket

** As of last close, stock up ~24% YTD