BofA analyst Brent Navon resumed coverage of TKO Group with a Buy rating and $140 price target, up from $100 previously. The firm believes underlying strength in sports rights, such as the NBA, has a positive read through for TKO’s upcoming UFC and WWE PLE rights, the analyst tells investors in a resumption and earnings recap note.
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Read More on TKO:
- TKO Group price target raised to $127 from $121 at Seaport Research
- TKO Group price target raised to $140 from $127 at TD Cowen
- TKO Group price target raised to $135 from $115 at UBS
- TKO Group price target raised to $118 from $115 at Morgan Stanley
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