SunTrust analyst Youssef Squali lowered the firm's price target on Eventbrite to $19 from $22 and keeps a Hold rating on the shares. The analyst notes that while the company beat on Q4 earnings, its lower 2020 guidance and a deceleration in paid ticket growth to 8.5% from 12.6% suggests that the management will once again need to show execution against its turnaround plan that began in FY18. Squali adds that Eventbrite's outlook may prove to be conservative since it includes the impact of coronavirus amid modest impact-to-date, but a neutral rating is warranted by limited visibility.