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World Wrestling Entertainment (WWE) PT Raised to $80 at Needham & Company
June 28, 2018 7:42 AM EDTNeedham & Company raised its price target on World Wrestling Entertainment (NYSE: WWE) to $80.00 (from $70.00) while maintaining a Buy rating.
Analyst Laura Martin commented, "WWE announced higher US license fees under 5-year contracts than we had previously projected for the rights to air 3 hours of RAW each week on USA Network plus 2 hours of SMACKDOWN on Fox each week, so we raise our 12-month price target... More
