Raymond James downgrades Live Nation Entertainment (LYV) to a Hold
In a report released today, from Raymond James downgraded Live Nation Entertainment to a Hold, with a price target of $155.00.
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In addition to Raymond James, Live Nation Entertainment also received a Hold from Jefferies’s David Katz in a report issued today. However, yesterday, Bernstein reiterated a Buy rating on Live Nation Entertainment (NYSE: LYV).
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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