Roth MKM raised the firm’s price target on Live Nation (LYV) to $152 from $132 and keeps a Buy rating on the shares. Strong secular trends – fueled by greater global accessibility to music, more consumers buying tickets, and an expanding number of touring artists – should allow Live Nation to sustain a multi-year double-digit operating income growth outlook, the analyst tells investors in a research note. The firm adds that 2025 will see an acceleration in stadium shows and the continued expansion of Venue Nation.
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