Sphere Entertainment (NYSE:SPHR) Stock Price Up 4.7% - Time to Buy? - MarketBeat

Sphere Entertainment Co. (NYSE:SPHR - Get Free Report) shares rose 4.7% on Thursday. The stock traded as high as $110.76 and last traded at $111.2330. 298,056 shares were traded during mid-day trading, a decline of 61% from the average session volume of 769,718 shares. The stock had previously closed at $106.24. Get Sphere Entertainment alerts:Wall Street Analyst Weigh InCheap Thrills: Why These 3 Entertainment Stocks Are SoaringSeveral brokerages have recently weighed in on SPHR. The Goldman Sachs Group lifted their price target on shares of Sphere Entertainment from $150.00 to $189.00 and gave the stock a "buy" rating in a research note on Wednesday, July 8th. Craig Hallum cut Sphere Entertainment from a "buy" rating to a "hold" rating and set a $132.00 target price on the stock. in a report on Monday. Guggenheim lifted their target price on Sphere Entertainment from $193.00 to $208.00 and gave the company a "buy" rating in a research report on Wednesday, September 2nd. Piper Sandler began coverage on Sphere Entertainment in a report on Thursday, August 20th. They set an "overweight" rating and a $185.00 price target for the company.