TKO Group Holdings (TKO) PT Raised to $200 at TD Cowen

TD Cowen analyst Lance Vitanza raised the price target on TKO Group Holdings (NYSE: TKO) to $200.00 (from $145.00) while maintaining a Buy rating.

The analyst commented: "Despite favorable 4Q24 results, TKO stock fell on a weaker-than-expected FY25 guide due mostly to a surprise timing shift in overseas PLEs. The point is moot, we feel, given strong underlying trends across all properties, the ongoing UFC media rights renewal, and eventual inclusion of recently-acquired IMG, On Location and PBR. PT to $200 on 20x multiple of our new, higher FY26E Adj. EBITDA."

You May Also Be Interested In

• ADC Therapeutics (ADCT) PT Lowered to $5 at Guggenheim
• Guggenheim Reiterates Buy Rating on Bristol-Myers Squibb Co. (BMY)
• Craig-Hallum Starts Horizon Quantum (HQ) at Buy