JPMorgan Bumps Up Live Nation Entertainment Price Target By 18%

Comments
Loading...
  • JPMorgan analyst David Karnovsky raised the price target on Live Nation Entertainment Inc LYV to $109 from $92, implying a 5% upside, and reiterated an Overweight ahead of the company's Q3 results.
  • Channel checks continue to indicate a "robust" industry pipeline for the next two years, in addition to onsite spending levels running ahead of 2019, Karnovsky notes.
  • Live Nation is a live entertainment firm with over 570 million fans served in 44 countries in 2018 by the company's concert and ticketing platforms.
  • Price Action: LYV shares traded higher by 2.43% at $103.61 on the last check Monday.
LYV Logo
LYVLive Nation Entertainment Inc
$121.64-%

Stock Score Locked: Want to See it?

Benzinga Rankings give you vital metrics on any stock – anytime.

Reveal Full Score
Edge Rankings
Momentum89.44
Growth13.28
Quality-
Value23.14
Price Trend
Short
Medium
Long
Market News and Data brought to you by Benzinga APIs
date
ticker
name
Price Target
Upside/Downside
Recommendation
Firm

Posted In: