Goldman Sachs Sticks to Buy Rating on Live Nation Entertainment
Goldman Sachs analyst Stephen Laszczyk maintained his Buy rating on Live Nation Entertainment (LYV) and set a price target of $210.00.
The 4-star analyst, who covers the Communication Services sector, has an average return of 14.6% and a success rate of 58.87%. Laszczyk focuses on stocks such as Sphere Entertainment, Live Nation Entertainment, and TKO Group Holdings.
The word on The Street suggests a Strong Buy consensus rating for LYV with an average price target of $207.82.
In its latest earnings release, Live Nation Entertainment reported quarterly revenue of $7.67 billion and net profit of $294.45 million for the quarter ending June 30.