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World Wrestling Entertainment (WWE) PT Raised to 'Street High' $95 at MKM Partners

June 28, 2018 6:17 AM EDT

MKM Partners raised its price target on World Wrestling Entertainment (NYSE: WWE) to a 'Street High' $95.00 (from $68.00) while maintaining a Buy rating, saying they are incrementally positive following new 5-year, domestic agreements for Raw and Smackdown.

Analyst Eric Handler commented, "Long-time... More

MKM Partners Reiterates Buy on World Wrestling Entertainment (WWE) Following Announced TV Rights Deals

June 27, 2018 7:16 AM EDT

MKM Partners reiterated a Buy rating and $68.00 price target on World Wrestling Entertainment (NYSE: WWE) following the company's announced 5-year agreements with USA Network and Fox Sports for its Raw and Smackdown programs. The value of these two contracts is up 3.6x to an... More