Live Nation Entertainment (LYV) Gets a Buy from Roth MKM

In a report released today, Eric Handler from Roth MKM maintained a Buy rating on Live Nation Entertainment, with a price target of $190.00.

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According to TipRanks, Handler is a 5-star analyst with an average return of 11.8% and a 61.39% success rate. Handler covers the Communication Services sector, focusing on stocks such as Live Nation Entertainment, Genius Sports Limited, and Roblox.

Live Nation Entertainment has an analyst consensus of Strong Buy, with a price target consensus of $190.21.

Based on Live Nation Entertainment’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $6.31 billion and a GAAP net loss of $202.1 million. In comparison, last year the company earned a revenue of $5.68 billion and had a net profit of $200.99 million

Based on the recent corporate insider activity of 57 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of LYV in relation to earlier this year. Last month, Jeffrey Hinson, a Director at LYV sold 944.00 shares for a total of $156,581.28.