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Liberty Media Liberty Formula One (FWONA) Gets a Buy from Guggenheim

Tipranks - Tipranks - Wed Mar 4, 6:30AM CST

In a report released yesterday, from Guggenheim maintained a Buy rating on Liberty Media Liberty Formula One, with a price target of $115.00. The company’s shares closed yesterday at $83.93.

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Liberty Media Liberty Formula One has an analyst consensus of Strong Buy, with a price target consensus of $113.67, representing a 35.43% upside. In a report released yesterday, TD Cowen also maintained a Buy rating on the stock with a $118.00 price target.

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Based on Liberty Media Liberty Formula One’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $1.61 billion and a net profit of $85 million. In comparison, last year the company earned a revenue of $1.17 billion and had a GAAP net loss of $248 million

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