World Wrestling Entertainment (WWE): Smoothing Out the Mix - Needham

Needham & Company analyst, Laura Martin, shifted her World Wrestling Entertainment (NYSE: WWE) revenue mix to reflect: a) higher growth expectations for Television, Digital Media, Merchandising and WWEShop; offset by b) lower y/y growth in Licensing (for games, etc). The analyst estimates that WWE had an average of 1.51mm paying OTT Network subscribers during 2Q16, up from an average of 1.27mm in 1Q16

No change to Buy rating or price target of $25.

For an analyst ratings summary and ratings history on World Wrestling Entertainment click here. For more ratings news on World Wrestling Entertainment click here.

Shares of World Wrestling Entertainment closed at $17.74 yesterday.

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