Morgan Stanley Upgrades Live Nation Entertainment to Overweight, Raises Price Target to $110
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Cameron Mansson-Perrone has upgraded Live Nation Entertainment (LYV) from Equal-Weight to Overweight and increased the price target from $100 to $110.
December 14, 2023 | 10:24 am
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Morgan Stanley upgraded Live Nation Entertainment to Overweight and raised the price target to $110, indicating a positive outlook on the company's stock.
Upgrades by major analysts like Morgan Stanley can lead to increased investor confidence and a potential rise in stock price. The upgrade from Equal-Weight to Overweight suggests that Morgan Stanley sees Live Nation Entertainment outperforming the market or its sector, and the raised price target from $100 to $110 provides a specific positive outlook that could influence investor sentiment and stock price in the short term.
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