Endeavor Group price target raised to $29 from $28 at Seaport Research

Seaport Research raised the firm’s price target on Endeavor Group to $29 from $28 and keeps a Buy rating on the shares. The firm thinks there is either a potential privatization on the horizon that could result in a “robust annualized return from here,” or there a publicly-traded company trading at 45% the estimated intrinsic value of the sum of its parts.