Guggenheim analyst Curry Baker raised the firm’s price target on Liberty Formula One A shares (FWONA) to $94 from $86 and keeps a Buy rating on the shares. The firm also raised its price target on Liberty Formula One K shares (FWONK) to $102 from $92. The firm, which is updating its model following Liberty Formula One’s Q4 results, notes that its 2025 OIBDA forecast is now $963M, down from $1.01B previously, primarily on a reduced Las Vegas Grand Prix outlook.
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