Deutsche Bank Starts Endeavor Group Holdings Inc (EDR) at Buy

Deutsche Bank analyst Bryan Kraft initiates coverage on Endeavor Group Holdings Inc (NYSE: EDR) with a Buy rating and a price target of $33.00.

The analyst comments "We believe that Endeavor is attractively positioned to benefit from growth in the value of live sports through UFC, the continued growth in industry video content investment, the cyclical recovery and secular expansion of the experiential economy, and the "platform effect" across the firm's businesses enabled by the unique culture and organizational capabilities that management has cultivated."

For an analyst ratings summary and ratings history on Endeavor Group Holdings Inc click here. For more ratings news on Endeavor Group Holdings Inc click here.

Shares of Endeavor Group Holdings Inc closed at $29.97 yesterday.

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