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Liberty Formula One price targets raised at Guggenheim

Guggenheim analyst Curry Baker raised the firm’s price target on Liberty Formula One (FWONA) (FWONK) K shares to $124 from $120 and its price target Liberty Formula One A shares to $115 from $110 while keeping a Buy rating on both classes of shares. The firm, which is updating its model to reflect the 2026 race calendar, the splitoff transaction, and its most recent F1/MotoGP outlook, notes that it continues to model 2026 OIBDA above the Street at $1.34B.

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