Live Nation Entertainment (LYV) has seen a series of investment movements recently. Sumitomo Mitsui Trust Group Inc., Equitable Trust Co., abrdn plc, Entropy Technologies LP, Allspring Global Investments Holdings LLC, and Mirae Asset Global Investments Co. Ltd. have increased their holdings, with several new entrants such as Janney Montgomery Scott LLC, Stephens Investment Management Group LLC, Yousif Capital Management LLC, and Invesco LLC. However, organizations like Vulcan Value Partners have liquidated their stakes, alongside Allspring trimming their holdings. Major increases have also seen in the stock price, with target adjustments to
$175. Analysts forecast
strong price appreciation, hinting at potential future gains. Partnerships have been announced too, like one with Athletic Brewing, and KIDZ BOP initiating a certified BOP tour. The business has consistently outperformed its peers and is set for
double-digit earnings compounding. However, concerns over regulation and potential divestiture of Ticketmaster linger. Further, despite share price growth, experts express concerns over Live Nation's
current valuation.
Live Nation Entertainment LYV News Analytics from Thu, 02 May 2024 07:00:00 GMT to Sat, 15 Feb 2025 05:38:55 GMT -
Rating 7
- Innovation -2
- Information 5
- Rumor -3
