UBS put Manchester United (NYSE: MANU) on its buy list and raised the target price to $29.75 from the current $17.77, implying approximately 67.5% upside. The upgrade cites Champions League qualification as a key catalyst for the club's revenue/earnings outlook and could support meaningful stock rerating.
UBS put Manchester United (NYSE: MANU) on its buy list and raised the target price to $29.75 from the current $17.77, implying approximately 67.5% upside. The upgrade cites Champions League qualification as a key catalyst for the club's revenue/earnings outlook and could support meaningful stock rerating.
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strongly positive
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0.60
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