Goldman Sachs analyst Stephen Laszczyk raised the firm’s price target on TKO Group (TKO) to $165 from $142 and keeps a Buy rating on the shares ahead of its Q4 results. The quarter should highlight the company’s continued momentum across TKO’s Live Events & Sponsorship businesses as well as execution against cost synergy opportunities, partially offset by a reduced payment for WWE’s domestic media rights for RAW in the quarter, the analyst tells investors in a research note.
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