Citizens initiated coverage of Sphere Entertainment (SPHR) with an Outperform rating and $150 price target The firm says the media and entertainment sector “is evolving alongside shifting consumer preferences.” As AI advances, the migration toward streaming will accelerate, reflecting demand for personalized, on-demand viewing, the analyst tells investors in a research note. Citizens names Sphere Entertainment its top pick in the group.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on SPHR:
- MSG Entertainment, Sphere Entertainment name Allen Lo EVP, chief legal officer
- S&P 600 adding fifteen companies at open on 3/23
- Sphere Entertainment considering venue in Nashville, Axios reports
- Sphere Entertainment upgraded to Hold from Sell at Benchmark
- Sphere Entertainment price target raised to $135 from $105 at Morgan Stanley