Live Nation Entertainment (NYSE:LYV) Price Target Raised to $212.00
Citigroup raised its price target for Live Nation Entertainment (NYSE:LYV) to $212 from $181, maintaining a "buy" rating and implying a 17.23% upside. This comes after Live Nation reported strong quarterly earnings of $1.05 EPS, beating estimates, and revenue of $7.67 billion, a 9.4% increase year-over-year. The company's stock rose 3.9% to $180.84 following the earnings release, and analyst sentiment remains largely positive with a consensus "Moderate Buy" rating.
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