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Fly News Breaks for December 19, 2019
LYV
Dec 19, 2019 | 15:26 EDT
Jefferies analyst Khoa Ngo believes the deal between Live Nation and the Department of Justice removes a major overhang on the stock and will allow investors to refocus on the "many positive factors set for 2020." The analyst, who thinks hesitancy around this issue should clear and shares should outperform, reiterated a Buy rating on the stock following the settlement news.