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You are at:Home»Entertainment»The sphere entertainment price target is lowered to $ 36, compared to $ 42 at Goldman Sachs
Entertainment

The sphere entertainment price target is lowered to $ 36, compared to $ 42 at Goldman Sachs

April 19, 2025021 Min Read
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Goldman Sachs analyst Stephen Laszczyk, lowered the firm price objective On Sphere Entertainment (SPHR) $ 36 of $ 42 and retains a purchase note on shares. The company believes that the results of the first quarter owed on May 9 will include slightly better results on the income of the sphere segment and adjusted operating income, the analyst said to investors in an overview of the live entertainment group. The call for profits should also include management updates on the two new sphere experience shows, the number of residence shows expected for 2025 and changing tourism trends in Las Vegas, explains the analyst, who notes that the decrease in the company price objective reflects a new demand for demand as well as multiple markets lower and comparable companies.

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