Roth MKM keeps a Buy rating and $106 price target on WWE (WWE) while noting that its merger with Endeavor (EDR) creates a "more attractive content driven growth story". The combination is believed to have double-digit top line growth potential with 70% of revenue being contracted, the analyst tells investors in a research note. The firm adds that the upcoming TV rights deals should drive "significant growth opportunities" in 2025-2027 while sponsorships provide another under-monetized, incremental lever.
Published first on TheFly
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