XJP Morgan Maintains Neutral on Sphere Entertainment, Raises Price Target to $37
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst David Karnovsky has maintained a Neutral rating on Sphere Entertainment (NYSE:SPHR) and increased the price target from $33 to $37.
February 06, 2024 | 12:28 pm
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JP Morgan analyst David Karnovsky has maintained a Neutral rating on Sphere Entertainment but increased the price target from $33 to $37.
The increase in the price target by a reputable analyst like David Karnovsky suggests a positive outlook on the stock's value, potentially leading to short-term investor optimism and a positive impact on the stock price.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 90