JP Morgan Maintains Overweight on Live Nation Entertainment, Raises Price Target to $137
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst David Karnovsky maintains an Overweight rating on Live Nation Entertainment and raises the price target from $118 to $137.
October 24, 2024 | 12:24 pm
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JP Morgan has increased its price target for Live Nation Entertainment from $118 to $137 while maintaining an Overweight rating, indicating a positive outlook on the stock.
The increase in price target from $118 to $137 by JP Morgan suggests a strong positive outlook for Live Nation Entertainment. The Overweight rating indicates that the analyst expects the stock to outperform its peers. This is likely to have a positive impact on the stock price in the short term as investors may view this as a signal to buy or hold the stock.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100