Information Provided By:
Fly News Breaks for March 7, 2018
WWE
Mar 7, 2018 | 07:47 EDT
Needham analyst Laura Martin raised her price target on WWE to $45 and kept her Buy rating, citing several near-term and longer term positive catalysts. In the short run, Martin points to favorable TV license fee renewals in the U.S., U.K., and India markets along with the OTT subscription seen in U.S. and overseas. Over the long term, the analyst notes the company's potential to increase the total addressable market with more "women and globally relevant wrestlers" becoming central in WWE's events. Martin adds that the longer term positives include slowing costs and rising international revenue streams.
News For WWE From the Last 2 Days
There are no results for your query WWE