Citi analyst Jason Bazinet raised the firm's price target on Liberty Braves to $49 from $48 and keeps a Neutral rating on the shares. While the firm expects sports assets like the Braves to continue to benefit from the favorable supply-demand dynamics of U.S. sports franchises, the firm is cautious on the near-term prospects of a monetization event given the upcoming Major League Baseball collective bargaining agreement expiration in December 2026. The firm noted, however, that the Braves reported Q4 revenue 11% above consensus.
