Piper Sandler lowered the firm’s price target on Vivid Seats (SEAT) to $4 from $5 and keeps a Neutral rating on the shares following September quarter results “slightly ahead of subdued expectations”. Vivid Seats is navigating the difficult backdrop to the best of its abilities, according to the firm. However, Piper said it would prefer to see signs of upside estimate momentum before getting constructive.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on SEAT: