Information Provided By:
Fly News Breaks for December 2, 2019
WWE
Dec 2, 2019 | 09:25 EDT
MKM Partners analyst Eric Handler kept his Buy rating and $92 price target on WWE after meeting with its management last week, saying the discussion reinforced his view that the company offers the "best multi-year growth potential within his Media & Entertainment universe." With its new 5-year TV rights contract for Raw and Smackdown programming having started this quarter and with its largest international deal set to start in Q1 of next year, the analyst believes that WWE is at a financial inflection point. Handler adds that WWE Network may see accelerated subscriber growth as a result of multiple new initiatives planned for next year.
News For WWE From the Last 2 Days
There are no results for your query WWE