Seaport Research raised the firm’s price target on Live Nation to $115 from $110 and keeps a Buy rating on the shares. The company may experience a return to a seasonally-light Q1 and, with the DoJ investigation and record requests hanging over it, the stock is in a “sweet-spot” where consumers are spending and shares are reasonably valued, the analyst tells investors.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on LYV:
- Los Angeles Rams select Shift4 to power payments for ticket sales, no terms
- Live Nation management to meet with Roth MKM
- Live Nation price target raised to $110 from $104 at Seaport Research
- Live Nation antitrust overhang a buying opportunity, says Macquarie
- Early notable gainers among liquid option names on February 23rd
Questions or Comments about the article? Write to editor@tipranks.com