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Live Nation Entertainment (LYV) Receives a Buy from Citi

Tipranks - Tipranks - Tue Feb 24, 5:56AM CST

Citi analyst Jason Bazinet maintained a Buy rating on Live Nation Entertainment today and set a price target of $181.00.

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According to TipRanks, Bazinet is a 5-star analyst with an average return of 16.8% and a 59.42% success rate. Bazinet covers the Communication Services sector, focusing on stocks such as AppLovin, Spotify, and Electronic Arts.

In addition to Citi, Live Nation Entertainment also received a Buy from TD Cowen’s Doug Creutz in a report issued today. However, on February 20, TipRanks – Google 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 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

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