Citi upgrades struggling WWE, says upside from right here ‘seems to be engaging’

The upside case for World Wrestling Entertainment‘s inventory far outweighs the draw back, in response to Citi.

The agency upgraded the struggling inventory to purchase from impartial, saying the risk-reward “seems to be engaging” and “compelling.” Citi calculates WWE solely has 15% extra to fall in a draw back state of affairs, whereas the shares have 45% upside.