As noted earlier, Loop Capital analyst Alan Gould upgraded News Corp to Buy from Hold and kept his $17 price target, saying the investors' concern over the Foxtel consolidation reflected in the 13% stock price decline over the past month is "too negative". Instead, the analyst contends that the economics of the business are "barely changed", adding that it made sense to combine the assets in giving the News Corp management more control to "manage, grow, divest or take public the division." Gould adds that the company's recent $210M Opcity acquisition reflects its focus on capital deployment in digital real estate, which could be News Corp's "largest and fastest growing division".