Liberty Formula One price target raised to $82 from $70 at Pivotal Research

Pivotal Research analyst Jeffrey Wlodarczak raised the firm’s price target on Liberty Formula One to $82 from $70 and keeps a Buy rating on the shares. The analyst says post a "solid" Q4 "with even stronger momentum" into 2023, the firm raised its year-end 2023 target price to a Street high.