Roth MKM Reaffirms Their Buy Rating on TKO Group Holdings (TKO)

In a report released today, Eric Handler from Roth MKM maintained a Buy rating on TKO Group Holdings, with a price target of $240.00.

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According to TipRanks, Handler is a 5-star analyst with an average return of 12.5% and a 60.69% success rate. Handler covers the Communication Services sector, focusing on stocks such as Take-Two, Genius Sports Limited, and Roblox.

In addition to Roth MKM, TKO Group Holdings also received a Buy from Bank of America Securities’s Brent Navon CFA in a report issued on January 29. However, on February 3, TipRanks – Google downgraded TKO Group Holdings (NYSE: TKO) to a Hold.

Based on TKO Group Holdings’ latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $1.12 billion and a net profit of $41.01 million. In comparison, last year the company earned a revenue of $681.27 million and had a net profit of $23.14 million