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Why Live Nation's Stock Is Trading Higher Today

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Why Live Nation's Stock Is Trading Higher Today

Live Nation Entertainment (NYSE: LYV) shares are trading higher after the stock received an upgrade.

Citigroup analyst Jason Bazinet upgraded Live Nation's stock from Sell to Neutral and lowered the price target from $63 to $35.

See Also: The Concert Business Is About To Go Silent From Coronavirus

Live Nation is an American events promoter and venue operator. The company was formed in 1996 by Robert Sillerman as SFX Entertainment. Its business was built around consolidating concert promoters into a national company.

Live Nation Entertainment shares were trading up 15.43% at $43.02 on Tuesday. The stock has a 52-week high of $76.60 and a 52-week low of $21.70.

Latest Ratings for LYV

DateFirmActionFromTo
May 2020Morgan StanleyMaintainsEqual-Weight
Apr 2020G.researchMaintainsBuy
Apr 2020Morgan StanleyMaintainsEqual-Weight

View More Analyst Ratings for LYV
View the Latest Analyst Ratings

 

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Latest Ratings

StockFirmActionPT
OCGNChardan CapitalMaintains0.700
ZMB of A SecuritiesMaintains240.0
PTONB of A SecuritiesMaintains54.0
IRBTB of A SecuritiesMaintains77.0
DKSB of A SecuritiesMaintains45.0
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