Citi raised the firm’s price target on TKO Group to $137 from $130 and keeps a Buy rating on the shares after updating the firm’s model to reflect Q2 results and the latest outlook. The firm’s 2024-2026 revenue and adjusted EBITDA estimates are up about 2%, the analyst noted.
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on TKO:
- Netflix Stock (NASDAQ:NFLX) Hits New High after 150% Ad Sales Jump
- Vornado upgraded, JPMorgan downgraded: Wall Street’s top analyst calls
- TKO Group resumed with a Buy at BofA
- TKO Group price target raised to $127 from $121 at Seaport Research
- TKO Group price target raised to $140 from $127 at TD Cowen