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TKO / TKO Group analysts upbeat on the new fight club; pin ‘Buy' rating on stock

UBS analysts kicked off coverage of TKO Group Holdings Inc with a ‘Buy' rating and a 12-month target price of $123 per share, calling the combination of WWE and UFC "a rare pure-play in live sports with rights renewals and synergies on the horizon." "We believe the merger of WWE and UFC will improve monetization through cost and revenue synergies and create an entity generating strong cash flows that will enable returns to shareholders and optionality for management to acquire other live sports properties," the analysts wrote. Read More

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Posted: Sep 15 2023, 11:57

Author Name: Proactive Investors

TKO News

By Zacks Investment Research
September 28, 2023

Is the Options Market Predicting a Spike in TKO Group (TKO) Stock?

Investors need to pay close attention to TKO Group (TKO) stock based on the movements in the options market lately.

By Proactive Investors
September 15, 2023

TKO Group analysts upbeat on the new fight club; pin ‘Buy' rating on stock

UBS analysts kicked off coverage of TKO Group Holdings Inc with a ‘Buy' rating and a 12-month target price of $123 per share, calling the combinati

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