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Sphere Entertainment price target raised to $190 from $127 at BTIG

BTIG raised the firm’s price target on Sphere Entertainment (SPHR) to $190 from $127 and keeps a Buy rating on the shares. The firm cites the company reporting another strong quarter, topping expectations, driven by Sphere experience revenue, the analyst tells investors in a research note. Sphere remains investors’ top way to play live entertainment in 2026 in an unsettling macro, BTIG added.

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