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Live Nation price target raised to $170 from $155 at Guggenheim

Guggenheim analyst Curry Baker raised the firm’s price target on Live Nation (LYV) to $170 from $155 and keeps a Buy rating on the shares. The firm, which forecasts 2025 adjusted operating income of $2.6B, which would be up 21.1% year-over-year, notes that Live Nation has outlined over $1.25B of incremental AOI opportunities, which it expects the company to execute against over the next several years.

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