Pivotal Research raised the firm’s price target on Liberty Formula One to $85 from $82 and keeps a Buy rating on the shares. The analyst views the company’s analyst day as "optimistic" and says the new F1 Concorde agreement should serve as a "nice boost to Liberty economics."
Published first on TheFly
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- Liberty Media to hold Formula One Group Investor Q&A Session
- Liberty Formula One price target raised to $60 from $56 at Deutsche Bank
- Liberty Formula One price target raised to $82 from $70 at Pivotal Research
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