Live Nation Entertainment (LYV) PT Raised to $145 at TD Cowen

TD Cowen analyst Doug Creutz raised the price target on Live Nation Entertainment (NYSE: LYV) to $145.00 (from $108.00) while maintaining a Buy rating.

The analyst commented, "LYV reported in-line Q3 revenue and a healthy beat on AOI, driven by record Concert results. Leading indicators remain strong; we expect management to provide more color on its outlook at Investor Day. No updates were provided on the ongoing DOJ lawsuit. We are updating our estimates to reflect Q3 results and management commentary and raising our PT to $145. Reiterate Buy (1)."

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