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Guggenheim Issues Positive Forecast for Live Nation Entertainment (NYSE:LYV) Stock Price
Guggenheim boosted its price target for Live Nation Entertainment (NYSE:LYV) to $192 from $180, maintaining a “buy” rating and implying a 23.11% upside. This positive forecast is echoed by other analysts, resulting in a “Moderate Buy” consensus rating and an average target of $185.19, despite the company missing EPS but exceeding revenue expectations in its latest quarter. Insider selling by a director was noted, while institutional investors have actively traded Live Nation shares.