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Benchmark Upgrades WWE, Sees Improving Engagement Metrics Ahead
Friday, July 26, 2019 - 11:50am | 392Despite a mixed second quarter, World Wrestling Entertainment, Inc. (NYSE: WWE) is up more than 10% following Thursday's earnings print. WWE’s quarter also inspired an analyst upgrade. The Analyst Benchmark analyst Mike Hickey upgraded WWE from Hold to Buy and set a $90 price target for...
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WWE Goes Back To The 'Attitude Era' To Try And Freshen Up Sagging TV Ratings
Thursday, June 27, 2019 - 12:03pm | 614World Wrestling Entertainment, Inc. (NYSE: WWE) is looking to the past in an attempt to jumpstart its slumping TV ratings and attendance. WWE has announced Paul Heyman will take over as executive director for “Monday Night Raw” and Eric Bischoff will take over the same position for...
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Bruised And Battered, But Not Broken: Wall Street Reacts To WWE's Earnings Miss
Friday, April 26, 2019 - 1:33pm | 592World Wrestling Entertainment, Inc (NYSE: WWE) stock traded lower by another 3.8 percent on Friday after the company reported a first-quarter earnings and revenue miss. The stock is now down 16.2 percent overall since Thursday's print. WWE reported a first-quarter EPS loss of 11 cents on...
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WWE's Stock Slammed On Big Q1 Earnings Miss
Thursday, April 25, 2019 - 11:28am | 376World Wrestling Entertainment, Inc. (NYSE: WWE) stock is down more than 9 percent Thursday after the company’s first-quarter earnings report fell short of market expectations. What Happened WWE reported a first-quarter EPS loss of 11 cents on revenue of $182.4 million. Both numbers were well...
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Analyst: WWE Network Subscriber Data Bullish Ahead Of WrestleMania
Monday, April 1, 2019 - 9:53am | 383With WrestleMania less than a week away, one Wall Street analyst likes what he sees in the World Wrestling Entertainment, Inc. (NYSE: WWE) network subscriber trends. The Analyst KeyBanc analyst Evan Wingren reiterated his Overweight rating and $104 price target for WWE. The Thesis KeyBanc’s...
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Analyst: 'Significant Opportunities' For WWE Beyond TV Deals
Thursday, March 28, 2019 - 10:49am | 480After a huge year in 2018, World Wrestling Entertainment, Inc. (NYSE: WWE) stock is off to another hot start in 2019. One Wall Street analyst said the best may be yet to come. The Analyst Guggenheim analyst Curry Baker reiterated his Buy rating and $105 price target for WWE. The Thesis After...
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4 Bullish Catalysts For WWE's Stock Following WrestleMania
Tuesday, March 26, 2019 - 12:17pm | 418WrestleMania 35 is less than two weeks away for World Wrestling Entertainment Inc (NYSE: WWE) and its investors, but one Wall Street analyst said WrestleMania is just the beginning of the bullish catalysts on the horizon for WWE. The Analyst MKM Partners analyst Eric Handler reiterated his Buy...
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Women Receive Top 'Main Event' Billing At WWE's WrestleMania For The First Time Ever
Monday, March 25, 2019 - 2:30pm | 778World Wrestling Entertainment, Inc. (NYSE: WWE) made a historic announcement Monday that for the first time ever, a women’s division match will be the main event at this year’s WrestleMania. WWE performers Ronda Rousey, Charlotte Flair and Becky Lynch will close the show at WrestleMania...
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Citi Raises WWE Price Target Based On Free Cash Flow Outlook
Monday, August 27, 2018 - 1:51pm | 412It’s been an exceptional year so far for World Wrestling Entertainment, Inc (NYSE: WWE) stock and its investors, but one Wall Street analyst says there’s still WWE shares deserve their lofty valuation. The Analyst Citi analyst Jason Bazinet reiterated his Neutral rating and raised...
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Over The Top? Morgan Stanley Bumps WWE's Price Target To $100
Friday, July 13, 2018 - 11:30am | 451The Heavyweights and Cruiserweights of World Wrestling Entertainment, Inc. (NYSE: WWE) have helped strengthen the stock as an Overweight contender on the Street. WWE is up more than 130 percent year-to-date, but Morgan Stanley still considers it a buy. The Rating Analyst Benjamin Swinburne...
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Booking The Territory: 4 Reasons Why BTIG Sees More Upside For WWE
Friday, July 6, 2018 - 9:30am | 550Shares of World Wrestling Entertainment, Inc. (NYSE: WWE) have more than tripled in value over the past year the case for even more upside can be justified, according to BTIG. The Analyst BTIG's Brandon Ross maintains a Buy rating on World Wrestling Entertainment with a price target lifted from...
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Wall Street Bets Big On World Wrestling Entertainment's Future
Wednesday, June 27, 2018 - 3:30pm | 699World Wrestling Entertainment, Inc. (NYSE: WWE)’s annual average fees for its "Smackdown" and "Raw" programs will increase 3.6-fold to $524 million under new deals struck with Comcast Corporation (NASDAQ: CMCSA)’s USA Network and Twenty-First Century Fox Inc (NASDAQ...
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Wells Fargo Sees More Upside For WWE Thanks To 'Raw' And 'Smackdown'
Friday, June 15, 2018 - 1:01pm | 419World Wrestling Entertainment, Inc. (NYSE: WWE) stock has more than doubled in 2018, but Wall Street sees even more upside ahead if reports about new TV deals are accurate. The Analyst Wells Fargo analyst Eric Katz on Friday reiterated his Outperform rating for the stock and raised his price target...
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WWE Spikes On Reports 'Smackdown Live' Will Move To Fox Following A 'Massive Offer'
Monday, May 21, 2018 - 1:25pm | 576After a huge run last week, World Wrestling Entertainment, Inc. (NYSE: WWE) stock spiked higher by more than 12 percent Monday after ESPN and other outlets reported that WWE has agreed in principle to a deal that would move “SmackDown” from Comcast Corporation (NASDAQ: CMCSA)'s USA...
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WWE Could Be In A Bidding War For 'Smackdown Live' While 'Raw' Gets Big Renewal
Thursday, May 17, 2018 - 9:45am | 640World Wrestling Entertainment, Inc. (NYSE: WWE)'s stock was trading higher by 15 percent Thursday morning after a report that rights to the company’s “Smackdown Live” program could soon be up for open bidding as Comcast Corporation (NASDAQ: CMCSA) subsidiary NBC Universal...