Rosenblatt Maintains Buy Rating for Liberty Formula One Group: Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
Rosenblatt has maintained its Buy rating for Liberty Formula One Group (NASDAQ:FWONK) and increased its price target from $81.00 to $82.00. Despite the shares trading down 0.82% over the last 24 hours, the new price target represents a 23.68% increase from the current share price.
September 06, 2023 | 5:00 pm
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Rosenblatt has maintained its Buy rating for Liberty Formula One Group and raised its price target, indicating a positive outlook for the stock.
Rosenblatt's decision to maintain a Buy rating and increase the price target for FWONK indicates a positive outlook for the stock. This could potentially attract investors, driving up the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100