Goldman Sachs analyst Stephen Laszczyk raised the firm’s price target on Live Nation (LYV) to $132 from $128 and keeps a Buy rating on the shares ahead of its Q3 results next month. The quarter should see in-line to better than expected results across Fan Count, revenue, and operating income driven by a strong North American Amphitheater and Arena activity but offset by weaker stadium activity internationally, the analyst tells investors in a research note.
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Read More on LYV:
- Live Nation price target raised to $137 from $118 at JPMorgan
- Live Nation price target raised to $132 from $120 at Roth MKM
- Live Nation price target raised to $133 from $115 at Seaport Research
- Live Nation put volume heavy and directionally bearish
- Live Nation price target raised to $130 from $125 at Macquarie