BofA downgraded StubHub (STUB) to Neutral from Buy with a price target of $19, down from $25. Q3 revenue and EBITDA beat Street views, but StubHub did not guide for any Q4 metrics and call commentary suggests less 2026 tour timing visibility, the analyst tells investors. BofA, which expects more cautious sentiment on 2026, is lowering the firm’s Q4 and 2026 estimates following the earnings report and call.
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