As previously reported, Craig-Hallum upgraded Vivid Seats (SEAT) to Buy from Hold with a $15 price target The firm says Vivid Seats has high operating and financial leverage, so even small incremental improvements can result in multiples of upside on the equity. Craig-Hallum notes that it understands the risks, but argues that the upside is too compelling to ignore as it has seen green shoots starting to emerge with fundamentals that should follow.
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Read More on SEAT:
- Vivid Seats price target lowered to $10 from $18 at Benchmark
- Vivid Seats upgraded to Buy from Hold at Craig-Hallum
- Vivid Seats price target lowered to $10 from $12 at Canaccord
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