UBS upgrades Fox to buy on sports-betting potential, projects gain of more than 30%

Published Mon, Jan 24 20227:54 AM ESTUpdated Mon, Jan 24 20229:18 AM EST

Jesse Pound @/in/jesse-pound @jesserpound

A FOX Sports TV camera operator during the week 5 NFL game between the Atlanta Falcons and the Carolina Panthers at Mercedes-Benz Stadium on October 11, 2020 in Atlanta, Georgia.

David J. Griffin | Icon Sportswire | Getty Images

The rapid growth of sports betting could provide growth potential for Fox shares, according to UBS.

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