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Endeavor Group downgraded to Neutral from Buy at UBS
The Fly

Endeavor Group downgraded to Neutral from Buy at UBS

UBS analyst John Hodulik downgraded Endeavor Group to Neutral from Buy with a price target of $27.50, down from $31. after the company entered into an agreement to be acquired by shareholder Silver Lake with remaining shareholders receiving $27.50 in cash. The firm’s base case has the deal going through.

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