Morgan Stanley lowered the firm’s price target on Live Nation (LYV) to $170 from $180 and keeps an Overweight rating on the shares. Q3 results showcased “healthy growth” and the firm continue to see Live Nation as positioned to translate its leadership position in live entertainment into durable, double-digit percentage earnings growth, though the firm notes that its consolidated adjusted operating income estimates come down about 3% in FY25/FY26 after earnings.
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