Jefferies initiates coverage on TKO, cites Netflix-WWE deal

Jefferies initiates coverage on TKO, cites Netflix-WWE deal

Jefferies initiates coverage on TKO, cites Netflix-WWE deal Jefferies is initiating coverage on TKO Group Holdings (TKO) — the parent company of live-sports entertainment empires WWE and UFC — with a Buy rating and price target of $120 per share, citing WWE's streaming partnership with Netflix (NFLX). The WWE is also planning to launch a weekly series on X.com titled WWE Speed. Yahoo Finance Live examines TKO's catalysts as it maneuvers through these streaming deals. For more expert insight and …