Goldman Sachs initiated coverage of TKO Group with a Buy rating and $102 price target. The firm believes that TKO is well-positioned, through the recent combination of the UFC and WWE, to achieve high-single-digit annualized growth in revenue and low-double-digit annualized growth in adjusted EBITDA.
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Read More on TKO:
- TKO Group 5.35M share Block Trade priced at $79.00
- TKO Group 5.35M share Block Trade; price range $79.00-$81.67
- TKO Group price target lowered to $100 from $107 at Seaport Research
- Bad News for TKO Group Holdings, Inc. Stock: This New Risk Has Been Added
- TKO Group sees FY24 revenue $2.575B-$2.65B, consensus $2.79B
