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Live Nation initiated with an Outperform at Citizens

Citizens analyst Matth Condon initiated coverage of Live Nation (LYV) with an Outperform rating and $190 price target The firm says the media and entertainment sector “is evolving alongside shifting consumer preferences.” As AI advances, the migration toward streaming will accelerate, reflecting demand for personalized, on-demand viewing, the analyst tells investors in a research note. Citizens names Sphere Entertainment its top pick in the group.

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