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Roth Capital Lowers its Price Target on Live Nation Entertainment, Inc. (LYV) to $174 and Maintains a Buy Rating
Roth Capital has reduced its price target for Live Nation Entertainment (LYV) to $174 from $176, while reiterating a Buy rating. The firm noted renewed investor interest in live events, considering them resistant to AI disruption and less exposed to the DOJ antitrust lawsuit. Live Nation also recently announced the acquisition of ForumNet Group, including Unipol Forum, a major live music and sports arena in Italy, with plans for upgrades and sustainability initiatives.