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Rob Gronkowski Signs Deal With WWE, Joins Elite List Of NFL Players To Compete In The Wrestling Ring
Wednesday, March 11, 2020 - 11:47am | 532Three-time Super Bowl champion Rob Gronkowski has signed a deal with World Wrestling Entertainment, Inc. (NYSE: WWE), according to TheWrap. An insider with knowledge of the matter said Gronk will make his WWE debut on the March 20 episode of “SmackDown,” which airs on Fox. Gronkowski is...
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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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JPMorgan Raises WWE's Price Target, Bullish On 'Smackdown' Future
Tuesday, April 23, 2019 - 1:49pm | 462World Wrestling Entertainment, Inc. (NYSE: WWE) has been red hot in the past year on optimism about the company’s global TV content deals. Despite the stock’s 150-percent gain in the past year, one Wall Street analyst said it’s too early to get off the WWE train. The Analyst...
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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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Hemp Is Getting So Popular Even The WWE Championship Belt Is Now Made Out Of It
Wednesday, January 30, 2019 - 10:46am | 597Hemp is often an overlooked subsector of the cannabis space, but its usage in the United States and around the world is growing every day. In fact, World Wrestling Entertainment, Inc. (NYSE: WWE) performer Daniel Bryan unveiled a brand new hemp version of the WWE Championship belt on Tuesday...
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JPMorgan Sees 20% Upside For WWE, Multiple 2019 Catalysts
Friday, November 30, 2018 - 1:47pm | 400For the second time in a week, World Wrestling Entertainment, Inc. (NYSE: WWE) received some major love from Wall Street. The Analyst JPMorgan analyst Dan Karnovsky upgraded WWE from Neutral to Overweight and raised his price target from $84 to $87. The Thesis Karnovsky said the roughly 26-percent...
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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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WWE Confirms New TV Contracts With USA Network And Fox
Wednesday, June 27, 2018 - 8:45am | 447Shares of World Wrestling Entertainment, Inc. (NYSE: WWE) gained more than 10 percent Wednesday morning after announcing new TV deals for its two flagship weekly events. What Happened WWE confirmed Tuesday afternoon it reached an agreement to extend its long-standing partnership with Comcast...
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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...
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Fox Sports Execs Attend 'SmackDown Live'; Here's Why That's Good News For WWE
Wednesday, February 28, 2018 - 1:53pm | 544World Wrestling Entertainment, Inc. (NYSE: WWE) stock jumped about 4 percent Wednesday after some VIPs were among the audience members at Tuesday night’s taping of “SmackDown Live.” What Happened According to a tweet by Sports Illustrated reporter Richard Deitsch, some high-...