Northcoast downgraded TKO Group (TKO) to Neutral from Buy. The firm views the stock’s risk/reward as more balanced following the recent share rally. It believes a rotation argument into other leisure-oriented consumer names can be made at this point given TKO’s relative outperformance this year.
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Read More on TKO:
- TKO Group downgraded to Neutral from Buy at Northcoast
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