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Seaport downgrades TKO on valuation after earnings rally

Seaport Research downgraded TKO Group (TKO) to Neutral from Buy without a price target The shares rallied 8% after TKO reported online Q4 results, the analyst tells investors in a research note. The firm says that company is seeing “very healthy growth,” but that the stock’s valuation reflects this. In addition, TKO’s 2026 revenue outlook is lower than expected, adds Seaport. The firm believes the company’s positive catalysts are known.

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