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Twenty-First Century Fox (FOXA) Stock Rating Lowered at Barclays

NEW YORK (TheStreet) -- Twenty-First Century Fox's (FOXA) stock rating was cut to "equal weight" from "overweight" at Barclays this morning after reporting 2016 second quarter results last week.

The firm also lowered the company's price target to $29 from $33.

The company reported revenue of $6.65 billion, missing analysts' estimates of $6.68 billion, and posted earnings of 45 cents per shares, beating analysts' expectations of 37 cents per share.

Barclays said it previously had an "overweight" rating on Twenty-First Century Fox stock because of its growth rates, business in...