JPMorgan Sees 41 Percent Upside in FuboTV, Remarking Attractive Entry Point

A view of the exterior of the JPMorgan Chase & Co. corporate headquarters in New York City, on May 20, 2015. Mike Segar/Reuters

JPMorgan analyst Anna Lizzul initiated coverage of FuboTV Inc (FUBO) with an Overweight rating and a $28 price target, implying a 41.63 percent upside.

FuboTV launched in 2015 and is a live TV streaming platform, providing subscribers access to live sports, entertainment, and news, Lizzul tells investors in a research note.