Actionable news
0
All posts from Actionable news
Actionable news in WWE: WORLD WRESTLING ENTERTAINMENT,

WrestleMania Exceeded Even PacCrest's Expectations: WWE Worth $20/Share

Invest with Confidence. Are you a financial professional? Stay on top of your portfolio with Benzinga Pro's real-time newsfeed and alerts and never miss a headline again.
Don't miss the chance to try it FREE today.

World Wrestling Entertainment, Inc. NYSE:WWE - WrestleMania Exceeded Even PacCrest's Expectations: WWE Worth $20/Share

Pacific Crest’s Evan Wingren mentioned that while the total demand for WrestleMania beat the estimates, churn was likely to lead to a decline in paid subscribers in Q2.

The analyst maintained an Overweight rating on World Wrestling Entertainment, Inc. WWE, while lowering the price target from $22 to $20.

“Despite lower near-term subscribers, we recommend owning WWE for its leadership...


More