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TKO Group price target raised to $190 from $175 at Guggenheim

Guggenheim analyst Curry Baker raised the firm’s price target on TKO Group (TKO) to $190 from $175 and keeps a Buy rating on the shares. The firm, which now forecasts core WWE/UFC EBITDA of $1.434B, up from $1.409B, remains bullish on the outlook for both the UFC and Peacock/PLE renewals, the analyst tells investors in a research note after TKO’s Q1 report.

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