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Benzinga
Benzinga
Business
Chris Katje

Trump's White House UFC Fight Already Priced In? Analyst Downgrades TKO Group Stock

TKO UFC TKO Group White House David Joyce Paramount Skydance PSKY TKO Group Holdings Dana White Donald Trump
Rio,De,Janeiro,,Brazil,-,March,21,,2018,Ufc,Rio

With TKO Group Holdings (NYSE:TKO) stock up over 30% year-to-date, helped by a new media rights deal with Paramount Skydance (NASDAQ:PSKY), an analyst is moving to the sidelines with a rating downgrade.

The TKO Analyst: Seaport Research analyst David Joyce downgraded TKO stock from Buy to Neutral with no price target.

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