Roth MKM analyst Eric Handler keeps a Buy Rating and $112 price target on TKO Group while calling the stock the firm’s “top idea with clearer sailing ahead”. TKO Group has largely resolved its key overhangs, and investor attention can now fully turn to growth opportunities, including incremental sponsorship and site fees deals along with upcoming TV rights negotiations, the analyst tells investors in a research note.
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Read More on TKO:
- McMahon sells TKO shares to Endeavor, TKO for $89.01 per share
- TKO Group (NYSE:TKO) Rallies as Vince McMahon Offloads Shares
- M&A News: Silver Lake Takes Endeavor Private in $13B Deal
- TKO Group rallies 4% to $89.43 after Endeavor buyout by Silver Lake
- Silver Lake acquires Endeavor Group for $27.50 per share or $13B
