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UBS Sticks to Its Buy Rating for Live Nation Entertainment (LYV)

Tipranks - Tipranks - Sat Feb 21, 5:40AM CST

UBS analyst Batya Levi maintained a Buy rating on Live Nation Entertainment today and set a price target of $181.00.

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Levi covers the Communication Services sector, focusing on stocks such as Spotify, Live Nation Entertainment, and BCE. According to TipRanks, Levi has an average return of -4.5% and a 43.90% success rate on recommended stocks.

In addition to UBS, Live Nation Entertainment also received a Buy from Morgan Stanley’s Cameron Mansson-Perrone in a report issued today. However, on the same day, TipRanks – xAI reiterated a Hold rating on Live Nation Entertainment (NYSE: LYV).

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Based on Live Nation Entertainment’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $8.5 billion and a net profit of $431.46 million. In comparison, last year the company earned a revenue of $7.65 billion and had a net profit of $451.81 million

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