Seaport Research upgraded Sphere Entertainment (SPHR) to Buy from Neutral with a $106 price target The firm upgraded the stock citing “continued strength in the Sphere Experience Wizard of Oz show count, attendance, and seemingly also pricing,” more musical artist residency event dates added to Q1 and Q2, the possibility of another Sphere franchise announcement “increasingly on the horizon,” as well the likelihood that the Sphere is “already fully booked for 2026.”
Claim 70% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on SPHR:
- AB InBev, Madison Square Garden expand multi-year sponsorship
- Sphere Entertainment price target raised to $98 from $86 at Goldman Sachs
- Sphere Entertainment names Delta Air Lines official airline partner
- Sphere Entertainment price target raised to $95 from $48 at BofA
- Sphere Entertainment: Solid Growth and Proven Concept, but Valuation Upside Appears Limited Supporting a Neutral (Hold) View