Group 1 - Liberty Media Corporation (NASDAQ:FWONK) is viewed positively by hedge funds, with analysts from Wolfe Research and JPMorgan assigning bullish ratings and raising price targets, indicating significant upside potential [1][3] - Wolfe Research's Peter Supino raised the target price from $121 to $123, suggesting a 33% upside, while JPMorgan's David Karnovsky increased his target from $120 to $122, reflecting a nearly 32% upside [1][3] - The positive outlook for Liberty Media is supported by favorable prospects in the media and entertainment sector, particularly for live events, which are expected to enhance the company's growth [2] Group 2 - Liberty Media operates in the motorsports industry, holding commercial rights for the FIA Formula One World Championship and providing services such as ticketing, hospitality, licensing, and television production [4]