Needham analyst Laura Martin kept her Buy rating and $100 price target on World Wrestling Entertainment but lowered her expected FY EPS view to 74c from $1.01 previously. The analyst cites the higher than anticipated stock-based compensation costs after WWE stock price nearly tripled year-to-date, along with higher interest expenses from rising rates and elimination of the tax credit. Despite the lower profitability, Martin also raises her FY18 revenue forecast by 3% to $919.7M to reflect the recently announced second event in Saudi Arabia and the higher than estimated eCommerce division sales during the holiday period.