TKO Group price target raised to $220 from $218 at JPMorgan

JPMorgan raised the firm’s price target on TKO Group (TKO) to $220 from $218 and keeps an Overweight rating on the shares. The firm updated the company’s model post the Q4 report. TKO is positioned for “strong growth” in 2026, due to new media rights agreements and two additional events in Saudi Arabia, the analyst tells investors in a research note. JPMorgan believes these could be overshadowing the company’s “attractive story” related to sponsorship and live events at WWE and UFC along with increasing fees from Zuffa boxing.