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Fly News Breaks for July 24, 2018
LYV
Jul 24, 2018 | 08:04 EDT
Goldman Sachs analyst Drew Borst raised Live Nation's Q2 earnings estimates ahead of the July 26 report to reflect an increase in Ticketing and Sponsorship/Advertising. Borst's Q2 earnings estimate increases to $2.83B from $2.825B and AOI moves up to $251M from $246M. The analyst rates Live Nation a Buy with a $56 price target, up from $50.
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