Seaport Research raised the firm’s price target on Live Nation to $133 from $115 and keeps a Buy rating on the shares. The firm is raising it price target on the stock after it achieved the firm’s 2024 price target the analyst tells investors. Seaport is now rolling over its view to 2025 and extending its model to 2030, generally applying 2024 valuation multiples to 2030 and discounting back.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on LYV:
- Live Nation put volume heavy and directionally bearish
- Live Nation price target raised to $130 from $125 at Macquarie
- Judge rules Live Nation antitrust case to remain in New York, Bloomberg Law says
- Snowflake hacker still active, recently broke into new orgs, Bloomberg reports
- Live Nation price target raised to $120 from $110 at Oppenheimer