UBS has initiated coverage on Liberty Formula One (NASDAQ: FWONK) with a Neutral rating and a target price of €85.00, citing a slowdown in future growth despite recent revenue increases. The bank projects primary revenues and OIBDA to grow at 8% and 12% CAGR from 2024 to 2026, slightly below market expectations. Meanwhile, Rosenblatt Securities adjusted its target price for Liberty Formula One to €91, maintaining a Buy rating, despite the company’s recent earnings miss.