Benchmark analyst Matthew Harrigan lowered the firm’s price target on Live Nation to $105 from $120 and keeps a Buy rating on the shares, stating that the target change is due "more off the market’s reluctance to immediately recognize fair value for LYV‘s long-term growth path" than the firm’s "mild immediate estimate reductions."
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Published first on TheFly
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Read More on LYV:
- LYV Upcoming Earnings Report: What to Expect?
- Live Nation price target lowered to $105 from $110 at TD Cowen
- Live Nation initiated with a Buy at Seaport Research
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