JPMorgan analyst David Karnovsky raised his price target for WWE to $105 from $95 saying he continues to see upside in the shares. The stock remains his top pick in the live entertainment subsector with an Overweight rating. He sees the renewal of several international rights deals, the potential sale of a third hour of Tuesday night programming, and the move of SmackDown to Fox on October 4 as catalysts for shares. A bull case outcome for the first two could lead to a material increase in consensus estimates, Karnovsky tells investors in a research note.