Guggenheim Maintains Buy on Sphere Entertainment, Raises Price Target to $63
Portfolio Pulse from Benzinga Newsdesk
Guggenheim analyst Curry Baker has maintained a Buy rating on Sphere Entertainment (NYSE:SPHR) and raised the price target from $58 to $63.
September 19, 2024 | 6:06 pm
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POSITIVE IMPACT
Guggenheim has reaffirmed its Buy rating on Sphere Entertainment and increased the price target to $63, indicating confidence in the company's future performance.
The increase in price target from $58 to $63 by Guggenheim suggests a positive outlook on Sphere Entertainment's future performance. Maintaining a Buy rating indicates continued confidence in the stock, likely leading to a positive short-term impact on SPHR's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100