TKO Group Holdings (TKO) PT Raised to $220 at Jefferies

Jefferies analyst Randal Konik raised the price target on TKO Group Holdings (NYSE: TKO) to $220.00 (from $200.00) while maintaining a Buy rating.

The analyst comments "UFC's '26 media rights deal remains a key focus for investors. With a lucrative market for live sports content, UFC should receive a significant premium for its global appeal and fan growth. We're modeling a deal at 1.8x the current $500M AAV, and estimating a ~$300M EBITDA lift in F'26, which could be conservative, as sports rights deals in '24 averaged 2.7x over prior AAV. Shares remain undervalued relative to peers, and we'd continue buying at these levels."

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