Fly News Breaks for May 1, 2015
LYV
May 1, 2015 | 06:36 EDT
As previously reported, Stifel upgraded Live Nation to Buy from Hold and established a $31 price target. The firm raised 2016 estimates following Q1 results and guidance due to core strength across all categories, especially free-cash-flow. Stifel said the Ticketing segment is seeing more favorable competitive dynamics and has dominant online market share and increased festival exposure bodes well for the Sponsorship segment.
News For LYV From the Last 2 Days