Morgan Stanley raised the firm’s price target on Sphere Entertainment (SPHR) to $170 from $158 and keeps an Overweight rating on the shares. Sphere Experiences continue to perform better than expected, says the analyst, who raised estimates following the company’s Q1 report.
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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
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- Sphere Entertainment price target raised to $158 from $135 at Morgan Stanley
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