Information Provided By:
Fly News Breaks for December 21, 2018
WWE
Dec 21, 2018 | 07:04 EDT
Loop Capital analyst Alan Gould started WWE with a Hold rating and $85 price target. The shares have appreciated 141% this year, among the highest return of any other media or internet company, based on a "deserved re-rating" after successfully renewing its U.S. TV contracts for 3.6 times the prior deal amount, Gould tells investors in a research note. The analyst anticipates "strong renewals," but he believes the market may have underestimated how much will be reinvested back into the business.
News For WWE From the Last 2 Days
There are no results for your query WWE