Roth Capital analyst Eric Handler lowered the firm’s price target on Live Nation (LYV) to $176 from $180 but keeps a Buy rating on the shares. The company’s Q3 results were “largely as expected”, while its operating income growth trend remains in place in 2025 and 2026, the analyst tells investors in a research note. Demand for live events remains robust, and an expanding venue portfolio produces greater supply and the ability to capture a higher percentage of consumer spending, the firm added.
TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on LYV:
- Live Nation price target lowered to $170 from $180 at Morgan Stanley
- Live Nation price target lowered to $172 from $180 at JPMorgan
- Live Nation Entertainment Reports Strong Revenue Growth
- Closing Bell Movers: AMD falls 4% on earnings, Trex, Pinterest down sharply
- Live Nation reports Q3 EPS 73c vs. $1.66 last year