Morgan Stanley analyst Cameron Mansson-Perrone lowered the firm’s price target on Eventbrite (EB) to $3.40 from $4.25 and keeps an Equal Weight rating on the shares. Growth at Eventbrite remained pressured in Q4 and FY25 guidance indicates improving trends, but at a slower pace than expected, the analyst tells investors.
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Read More on EB:
- Eventbrite Faces Transitional Challenges Amidst Revenue Decline and Creator Attrition
- Eventbrite’s Mixed Financial Outlook: Hold Rating Amidst Profitability Challenges and Future Growth Uncertainty
- Eventbrite downgraded to Neutral from Buy at B. Riley
- Eventbrite Downgraded to Neutral Amid Uncertain 2025 Outlook and Slow Initiative Progress
- Eventbrite’s Q4 2024 Financial Performance Overview