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Benzinga Insights

Credit Suisse Maintains Outperform Rating for Endeavor Gr Hldgs: Here's What You Need To Know

Credit Suisse has decided to maintain its Outperform rating of Endeavor Gr Hldgs (NYSE:EDR) and lower its price target from $45.00 to $40.00.

Shares of Endeavor Gr Hldgs are trading up 17.5% over the last 24 hours, at $21.55 per share.

A move to $40.00 would account for a 85.61% increase from the current share price.

About Endeavor Gr Hldgs

Endeavor Group Holdings Inc is an entertainment, sports and content company. It offers services through its integrated capabilities of talent representation, content development, content distribution and sales, event management, marketing and licensing, and direct-to-consumer offerings. It operates its business in three segments: Owned Sports Properties; Events, Experiences & Rights; and Representation.

About Analyst Ratings

Analysts work in banking and financial systems and typically specialize in reporting for stocks or defined sectors. Analysts may attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish "analyst ratings" for stocks. Analysts typically rate each stock once per quarter.

Some analysts will also offer forecasts for metrics like growth estimates, earnings, and revenue to provide further guidance on stocks. Investors who use analyst ratings should note that this specialized advice comes from humans and may be subject to error.

If you want to keep track of which analysts are outperforming others, you can view updated analyst ratings along with analyst success scores in Benzinga Pro.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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