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Fly News Breaks for November 8, 2019
WWE
Nov 8, 2019 | 06:12 EDT
Citi analyst Jason Bazinet upgraded WWE to Buy from Neutral with a price target of $73, down from $79. The stock's risk/reward is "now compelling," Bazinet tells investors in a research note. In a downside case, WWE shares would be worth $48, and in an upside case, the stock would be worth $81, says the analyst. That's $3 of upside for every $1 of downside, he points out.
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