Sky Network Television is undervalued and at risk of takeover, just as British sports streaming service DAZN marks out its territory in Australia with the purchase of News Corp’s Foxtel division.
Forsyth Barr analysts Aaron Ibbotson and Benjamin Crozier upgraded Sky to outperform last week, raising their target price on the stock by 20 cents to $3.20, a premium to the $2.72 price the pay-TV ope...
