RBC Capital lowered the firm’s price target on Vivid Seats (SEAT) to $12 from $22 and keeps a Sector Perform rating on the shares after its Q3 results. The company had another tough print, but with some green shoots for the first time in several quarters, as Vivid Seats has visibility to a potential private label partner to come on in Q1 and get GOV back to sequential increases, the analyst tells investors in a research note.
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Read More on SEAT:
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