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Fly News Breaks for March 29, 2019
LYV
Mar 29, 2019 | 08:27 EDT
Stephens analyst Kyle Evans said he believes that Live Nation's secular growth story remains intact and he sees the shares continuing to rise driven by solid event and ticket sales and ticket pricing trends. Evans, who thinks many investors continue to assume Live Nation is under-earning on its current revenue base, raised his price target on the stock to $70 and keeps an Overweight rating on the shares.
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