Guggenheim Maintains Neutral on Sphere Entertainment, Raises Price Target to $38
Portfolio Pulse from richadhand@benzinga.com
Guggenheim analyst Ian Zaffino maintains a Neutral rating on Sphere Entertainment (NYSE:SPHR) and raises the price target from $25 to $38.
August 23, 2023 | 4:08 pm
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NEUTRAL IMPACT
Guggenheim analyst Ian Zaffino maintains a Neutral rating on Sphere Entertainment and raises the price target from $25 to $38.
The news directly pertains to Sphere Entertainment (SPHR). The raised price target indicates a positive outlook, but the neutral rating suggests that the stock is fairly valued at its current price. Therefore, the short-term impact on the stock price is likely to be neutral.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100