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Liberty Media Liberty Formula One (FWONK) was upgraded to a Buy Rating at Bernstein

Tipranks - Tipranks - Tue Jan 13, 4:32AM CST

Bernstein analyst upgraded Liberty Media Liberty Formula One to a Buy today and set a price target of $111.00.

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The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Liberty Media Liberty Formula One with a $116.40 average price target.

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Based on Liberty Media Liberty Formula One’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $1.08 billion and a net profit of $66 million. In comparison, last year the company earned a revenue of $911 million and had a net profit of $117 million

Based on the recent corporate insider activity of 56 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of FWONK in relation to earlier this year. Last month, Chase Carey, a Director at FWONK sold 167,036.00 shares for a total of $16,096,758.29.

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