Roth Capital raised the firm’s price target on TKO Group (TKO) to $208 from $185 and keeps a Buy rating on the shares. The company reported better than expected Q1 results and raised its 2025 core guidance, while the addition of IMG into guidance was in line with the firm’s revenue view but below on adjusted EBITDA due to one-time items, the analyst tells investors in a research note. Roth remains positive on TKO and its long-term growth potential, the firm added.
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