Vivid Seats price target lowered to $5 from $6 at Canaccord

Canaccord analyst Maria Ripps lowered the firm’s price target on Vivid Seats (SEAT) to $5 from $6 and keeps a Buy rating on the shares. The firm said Vivid reported Q4 results that were in line with expectations, with Marketplace GOV, revenue, and adjusted EBITDA all within their implied Q4 guidance ranges.

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