UPDATE: World Wrestling Entertainment (WWE) PT Raised to $62 at Benchmark
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World Wrestling Entertainment (WWE) PT Raised to $62 at Rosenblatt
January 25, 2021 10:33 PM ESTRosenblatt analyst Bernie McTernan raised the price target on World Wrestling Entertainment (NYSE: WWE) to $62.00 (from $50.00) while maintaining a Buy rating.
The analyst comments "
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January 25, 2021
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World Wrestling Entertainment, Inc. | WWE: Licensing Deal Financially and Strategically Accretive,... More
World Wrestling Entertainment (WWE) PT Raised to $72 at Guggenheim After Peacock Deal
January 25, 2021 11:52 AM ESTGuggenheim analyst Curry Baker raised the price target on World Wrestling Entertainment (NYSE: WWE) to $72.00 (from $66.00) while maintaining a Buy rating following today's deal with NBCU's Peacock.
The analyst commented, " WWE announced a strategic licensing agreement with NBCU's Peacock service this morning, as well as... More
Peacock To Become Exclusive Home Of WWE Network (WWE) In The U.S
January 25, 2021 7:53 AM ESTPeacock and WWE (NYSE: WWE) today announced a multi-year agreement that gives Peacock exclusive streaming rights to WWE Network in the U.S.
"NBCUniversal has a long-standing relationship with WWE that began nearly 30 years ago with Monday Night Raw on USA. WWE has always tapped into the cultural zeitgeist with spectacular live events and larger-than-life characters, and we are thrilled to be the exclusive home for WWE Network and its millions of fans across the country," said Rick Cordella, Executive Vice President and Chief Revenue Officer, Peacock. "WWE Network is a transformative... More
World Wrestling Entertainment (WWE) issues 2021 Adjusted OIBDA Guidance Range of $270 - $305 million
January 25, 2021 7:43 AM ESTWWE completes strategic licensing agreement with NBCUs Peacock serviceThe Company expects to report record 2020 Operating Income of $209 million and record 2020 Adjusted OIBDA1 of $286 millionWWE issues 2021 Adjusted OIBDA Guidance Range of $270 - $305 million2Fourth Quarter and Full Year 2020 Earnings Call Date Set for February 4, 2021
WWE (NYSE: WWE) today announced expectations for its 2020 financial results and outlined guidance for 2021. The announcements were made in conjunction with the communication of a new agreement to license WWEs premium content to NBCUs Peacock service, which will become the sole... More
