SPHR Price Action: Sphere shares finisehd 6.4% higher at $49.22 on Friday versus a 52-week trading week of $27.02 to $51.83. Sphere stock is up 45% year-to-date in 2024. Read Next: ...

J.P. Morgan analysts upgraded their rating on Sphere Entertainment (NYSE:SPHR) to "overweight" from "neutral" after gaining confidence in the company's operating model despite initial skepticism.

H.C. Wainwright analyst Kevin Dede reiterated a Buy rating on Sphere 3D today and set a price target of $4.00. The company’s shares closed last Wednesday at $1.04, close to its 52-week low of $0.57.