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TKO Group price target raised to $220 from $200 at TD Cowen

TD Cowen raised the firm’s price target on TKO Group (TKO) to $220 from $200 and keeps a Buy rating on the shares. The firm said as it integrates recently acquired assets, they expect elevated earnings and cash flow growth for the foreseeable future while noting TKO trades at a substantial discount to its closest comp, despite an equal-to-better growth profile over near, medium, and longer terms.

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