JPMorgan Chase Lowers Sphere Entertainment Price Target

Sphere Entertainment (NYSE:SPHR) has seen its price target lowered to $164.00 by JPMorgan Chase & Co., according to a recent note to investors.

This move is part of the company's ongoing efforts to reevaluate and adjust its valuation.

In addition to this development, several other analysts have weighed in on Sphere Entertainment, with some upgrading their price targets and ratings.

Guggenheim, for example, has lifted its target price on SPHR from $188.00 to $193.00, while Citizens Jmp has upped its price target from $175.00 to $200.00.