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Fly News Breaks for December 22, 2017
LYV
Dec 22, 2017 | 06:02 EDT
Citi analyst Jason Bazinet downgraded Live Nation to Neutral while raising his price target for the shares to $47 from $45. The benefits from tax reform is insufficient to justify the outperformance of the stock in 2017, Bazinet tells investors in a research note. He cites valuation for the downgrade.