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Vivid Seats price target raised to $7.75 from $7 at Morgan Stanley

Morgan Stanley raised the firm’s price target on Vivid Seats (SEAT) to $7.75 from $7 and keeps an Equal Weight rating on the shares. Easing competitive intensity, a continued shift to core customers, and potential World Cup upside were “all encouraging takeaways” from the Q1 report, the analyst tells investors.

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