Bernstein Raises Price Target for Liberty Media (FWONK) Following Strong Formula 1 Performance
Bernstein SocGen Group raised its price target for Liberty Media Corporation (NASDAQ:FWONK) to $115 from $110, citing strong performance in the company's Formula 1 division. The firm also increased long-term revenue growth projections and noted a significant rise in Q1 income despite event postponements.
Tickers: $FWONK
Topics: Bernstein SocGen Group Formula 1 Liberty Media Stock Analysis