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STOCK ANALYST PROVIDES 'NON-BUY' RECOMMENDATION ON TKO GROUP HOLDING STOCK

Bloomberg has an article on TKO Group Holding stock getting a "Market Perform" recommendation from TD Cowen, which began covering the company yesterday.

Bloomberg notes this was the first "non-buy" rating given to TKO by Wall Street analysts since they started trading.

TD Cowen gave their recommendation based on their current antitrust litigation woes as well as upcoming media rights renewals,stating they are already "over-indexed to US media rights". 

 

 

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