Citizens JMP initiated coverage of StubHub (STUB) with an Outperform rating and $24 price target StubHub is the leading North American marketplace for resold tickets and is ramping newer lines of business that can contribute to results in sponsored listings and direct issuance, the analyst tells investors in a research note. The firm thinks the company can drive to 30% EBITDA margins over the next few years.
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Read More on STUB:
- StubHub’s Growth Prospects and Attractive Valuation: A Buy Recommendation by Doug Anmuth
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- StubHub initiated with a Buy at Goldman Sachs
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