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0 0 0.000979218801000862 5.44010445000049E-05 -0.00201283864650204 0.0013056250680012 0.000217604178000174 -0.00484169296050492
Stock impact report

Sphere Entertainment (SPHR) Stock Trades Up, Here Is Why [Yahoo! Finance]

Sphere Entertainment Co. Class A (SPHR) 
Company Research Source: Yahoo! Finance
upgraded the company's stock to 'Overweight' from 'Equal-Weight' and significantly raised its price target. The analyst increased the price target for Sphere Entertainment from $75.00 to $105.00, a 40% jump that reflected a positive view of the company's future market performance. This move boosted investor confidence. Adding to the positive sentiment, analysts at Craig-Hallum also raised their price target on the stock to $100.00 from $90.00, while keeping a Buy rating. Craig-Hallum pointed to strong attendance for "The Wizard of Oz" at the Sphere venue, better overall venue use in Las Vegas, and improved sponsorship deals as key reasons for the higher valuation. After the initial pop the shares cooled down to $93.45, up 4.7% from previous close. Is now the time to buy Sphere Entertainment? Access our full analysis report here Sphere Entertainment's shares are extremely volatile and have had 31 moves greater than 5% over the last year. In that context, today's move indicates Show less Read more
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