WWE gains on upgrade citing rising fan interest

Aug 31, 2012 - by Steve Gerweck

NEW YORK (AP) — Shares of World Wrestling Entertainment climbed more than 4 percent on Thursday, after an analyst lifted his rating and price target for the producer of wrestling events and television shows, saying there appears to be increasing fan interest.

THE SPARK: Richard Ingrassia of Roth Capital Partners raised WWE to “Buy” from “Neutral” and increased his price target on the stock to $12 from $10.

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(thanks to Mike Informer for the link)

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