Sphere Entertainment (NYSE:SPHR) Downgraded by Craig Hallum to "Hold" - MarketBeat
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Sphere Entertainment (NYSE:SPHR - Get Free Report) was downgraded by equities research analysts at Craig Hallum from a "buy" rating to a "hold" rating in a report issued on Monday, Marketbeat.com reports. They currently have a $132.00 price objective on the stock. Craig Hallum's price target indicates a potential upside of 2.91% from the company's current price. Cheap Thrills: Why These 3 Entertainment Stocks Are SoaringOther research analysts have also issued research reports about the stock. Piper Sandler began coverage on shares of Sphere Entertainment in a report on Thursday, August 20th. They issued an "overweight" rating and a $185.00 price objective for the company. Susquehanna increased their price target on Sphere Entertainment from $159.00 to $182.00 and gave the stock a "positive" rating in a report on Thursday, June 18th. Citigroup reissued a "market outperform" rating on shares of Sphere Entertainment in a research note on Tuesday, September 1st. Citizens Jmp upped their target price on Sphere Entertainment from $175.00 to $200.00 and gave the company a "market outperform" rating in a research report on Wednesday, June 17th.
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