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Fly News Breaks for October 6, 2016
LYV
Oct 6, 2016 | 09:12 EDT
As previously reported, Stephens analyst Kyle Evans started Live Nation with an Equal Weight and $30 price target, citing valuation as the stock is up over 40% since February. Nonetheless, the analyst expects tailwinds in the live events industry to persist and believes the company's integrated approach and unmatched scale within that ecosystem will drive profitable growth for the foreseeable future.
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