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Benchmark Co. Sticks to Their Buy Rating for Live Nation Entertainment (LYV)

Tipranks - Tipranks - Wed Mar 11, 6:42AM CDT

In a report released today, Matthew Harrigan from Benchmark Co. maintained a Buy rating on Live Nation Entertainment, with a price target of $190.00.

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Harrigan covers the Communication Services sector, focusing on stocks such as Warner Bros, Charter Communications, and Grupo Televisa, S.A.B.. According to TipRanks, Harrigan has an average return of 2.4% and a 53.36% success rate on recommended stocks.

In addition to Benchmark Co., Live Nation Entertainment also received a Buy from Morgan Stanley’s Cameron Mansson-Perrone in a report issued today. However, on February 20, TipRanks – Anthropic 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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