Roth MKM analyst Eric Handler raised the firm’s price target on Live Nation to $132 from $120 and keeps a Buy rating on the shares. The firm remains positive on the company’s double-digit operating income growth outlook for 2024, noting that worldwide demand remains robust and supply continues to expand, the analyst tells investors in a research note. A greater number of stadium events – a number of which are just beginning to get announced – should also fuel an acceleration in ticket volumes in 2025, the firm added.
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