Susquehanna analyst Joseph Stauff initiated coverage of Live Nation (LYV) with a Positive rating and $155 price target Live is one of three at-scale live entertainment operators globally that can deliver turn-key solutions to artists, the analyst tells investors. However, in the intermediate term, the stock will be sensitive to any read from the ongoing Meta (META) and FTC anti-trust hearing as well as further announcements of advance ticket sales to offset concerns about a weakening consumer, the analyst added.
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