B of A Securities Maintains Neutral on Sphere Entertainment, Lowers Price Target to $43
Portfolio Pulse from Benzinga Newsdesk
B of A Securities has maintained a Neutral rating on Sphere Entertainment (NYSE:SPHR) while lowering its price target from $45 to $43.
September 17, 2024 | 12:56 pm
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NEGATIVE IMPACT
B of A Securities has maintained a Neutral rating on Sphere Entertainment and lowered its price target from $45 to $43, indicating a slightly less optimistic outlook.
The lowering of the price target from $45 to $43 by B of A Securities suggests a slightly less optimistic view on Sphere Entertainment's future performance. Maintaining a Neutral rating indicates no strong buy or sell recommendation, which could lead to a minor negative impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100