Susquehanna raised the firm’s price target on Sphere Entertainment (SPHR) to $159 from $133 and keeps a Positive rating on the shares. The firm said its strong 1Q26 beat was driven from stronger “experiences” demand (Wizard of Oz), which has yet to show any signs of decay.
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Read More on SPHR:
- Tyler DiMatteo Reiterates Buy on Sphere Entertainment, Lifts Price Target to $190 on Strong Sphere Segment Outperformance and Long-Term Growth Visibility
- Sphere Entertainment reports Q1 EPS (4c), consensus (49c)
- Sphere Entertainment price target raised to $158 from $135 at Morgan Stanley
- XRP Eyes a $2.15 Breakthrough as Record ETF Inflows Collide with Brad Garlinghouse’s Urgent ‘Lock In’ Call
- Sphere Entertainment price target raised to $132 from $110 at BofA
