Guggenheim analyst Curry Baker lowered the firm’s price target on Live Nation (LYV) to $172 from $175 and keeps a Buy rating on the shares after updating the firm’s model for Q4 and 2026. The largest changes are at Ticketmaster, which faces some one-time headwinds over the next few quarters, the analyst tells investors.
Claim 70% Off TipRanks This Holiday Season
- Unlock hedge-fund level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on LYV:
- Live Nation supports UK government ticket resale plans
- Live Nation, StubHub fall after FT says UK to ban ticket resale above face value
- U.K. plans to outlaw selling tickets above face value, FT reports
- Third Point adds Norfolk Southern, cuts Apollo in Q3
- ValueAct takes new stake in Toast, exits Expedia, boosts MongoDB stake
