Bank of America Lifts Liberty Media Formula One to Buy, Cites Durable Revenue Model
Bank of America upgraded Liberty Media Formula One (FWONK) from Neutral to Buy, with analyst Brent Navon retaining a $105 price target. The firm highlighted Formula One's visible and resilient revenue streams, limited exposure to AI disruption, and long-term monetization upside including opportunities from the MotoGP acquisition. BofA trimmed its 2…