UBS Initiates Coverage On TKO Group Holdings with Buy Rating, Announces Price Target of $123
Portfolio Pulse from Benzinga Newsdesk
UBS analyst Ryan Gravett has initiated coverage on TKO Group Holdings (NYSE:TKO) with a Buy rating and a price target of $123.
September 15, 2023 | 9:09 am
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UBS has initiated coverage on TKO Group Holdings with a Buy rating and a price target of $123, which could positively impact the stock's performance.
The initiation of coverage by a major financial institution like UBS typically draws attention to the stock. The Buy rating indicates that UBS expects the stock to perform well, which could encourage other investors to buy. The price target of $123 suggests that UBS believes the stock has significant upside potential. This could lead to increased demand for the stock, potentially driving up its price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100