Live Nation price target raised to $190 from $175 at Oppenheimer

Oppenheimer raised the firm’s price target on Live Nation (LYV) to $190 from $175 and keeps an Outperform rating on the shares on management’s guiding 2026 AOI growth to double digits on stable demand and the prospect that the company’s potential break-up will become highly unlikely. The guidance implies concerts AOI margins expanding on higher Nation mix, Sponsorship growing low double digits and flat Ticketing growth on self-induced measures following the FTC lawsuit, Oppenheimer adds.