Morgan Stanley analyst Cameron Mansson-Perrone raised the firm’s price target on Eventbrite (EB) to $10 from $8 and keeps an Equal Weight rating on the shares ahead of the company’s report due August 3 after the close. Consumer spending growth has so far held up, which is a backdrop that positions live event businesses like Live Nation (LYV) and Eventbrite for success heading into Q2 earnings and the summer festival and stadium season, the analyst tells investors in an earnings preview note.
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