Guggenheim analyst Curry Baker raised the firm’s price target on Sphere Entertainment (SPHR) to $78 from $76 and keeps a Buy rating on the shares after updating the firm’s Q3 and Q4 forecasts for the Sphere segment to reflect mix of concerts and the continued strength of “The Wizard of Oz.”
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Read More on SPHR:
- Sphere Entertainment price target raised to $68 from $60 at JPMorgan
- Sphere Entertainment initiated with a Neutral at BTIG
- Sphere Entertainment Announces Senior VP Resignation
- Sphere Entertainment announces over $65M in The Wizard of Oz ticket sales
- Sphere Entertainment repurchases additional $22.5M of common stock
