Morgan Stanley Believes World Wrestling (WWE) Won’t Stop Here


Morgan Stanley analyst Benjamin Swinburne maintained a Buy rating on World Wrestling (NYSE: WWE) on July 13 and set a price target of $100. The company’s shares closed on Friday at $76.90, close to its 52-week high of $79.95.

According to TipRanks.com, Swinburne is a 5-star analyst with an average return of 15.1% and a 66.1% success rate. Swinburne covers the Services sector, focusing on stocks such as Interpublic Group of Companies, Altice Usa Inc, and Omnicom Group.

World Wrestling has an analyst consensus of Moderate Buy, with a price target consensus of $79.11, representing a 2.9% upside. In a report issued on June 28, KeyBanc also maintained a Buy rating on the stock with a $85 price target.

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The company has a one-year high of $79.95 and a one-year low of $20.51. Currently, World Wrestling has an average volume of 1.23M.

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World Wrestling Entertainment, Inc. engages in the development, production and marketing of television and pay-per-view event programming and live events and the licensing and sale of consumer products featuring its brands.

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