JPMorgan raised the firm’s price target on Sphere Entertainment (SPHR) to $55 from $54 and keeps an Overweight rating on the shares. The firm updated media and entertainment models post the Q1 reports.
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Read More on SPHR:
- Sphere Entertainment Faces Scalability and Financial Risks Amid Expansion Plans, Reiterated Sell Rating
- Sphere Entertainment’s Financial Outlook: Balancing Optimism with Caution Amidst Revenue Adjustments and Event Performance
- Sphere Entertainment price target raised to $74 from $69 at Guggenheim
- Sphere Entertainment reports Q1 revenue $280.6M, consensus $284.41M
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