Live Nation price target raised to $125 from $124 at Guggenheim

Guggenheim raised the firm’s price target on Live Nation to $125 from $124 and keeps a Buy rating on the shares after updating the firm’s model ahead of Q3 earnings due on November 2 to reflect continued strength from growing supply and robust consumer demand. The firm’s checks indicate that Live Nation is seeing “no sign of a softening consumer across any business segment or geographic region,” the analyst tells investors in a preview note.