Goldman Sachs raised the firm’s price target on Live Nation (LYV) to $190 from $175 and keeps a Buy rating on the shares. The firm cites the company’s announcement that it has reached a settlement with the DOJ in its antitrust lawsuit, saying the news is a structural positive for the stock, the analyst tells investors in a research note. The settlement would, if approved by the court, act as a “relief” on the long-standing regulatory overhang on the stock, the firm adds.
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