BTIG Initiates Coverage On Live Nation Entertainment with Buy Rating, Announces Price Target of $215

Why StubHub Holdings Stock Crashed This Week

StubHub stock plummeted 16.8% after reporting record Q2 revenue of $573 million (up 33% YoY) but remaining unprofitable with a net loss of $40,000. Despite a World Cup boost, expenses surged 37%, outpacing revenue growth. The company's conservative full-year guidance and concerns about customer complaints regarding refunds and fraudulent tickets prompted Wall Street downgrades, with BofA Securities downgrading the stock to underperform with a $7.50 price target.

Live Nation Entertainment shares are trading higher after Citigroup raised its price target on the stock from $181 to $212.

Citigroup Maintains Buy on Live Nation Entertainment, Raises Price Target to $212

Citigroup analyst Jason Bazinet maintains Live Nation Entertainment (NYSE:LYV) with a Buy and raises the price target from $181 to $212.

Bernstein Maintains Outperform on Live Nation Entertainment, Raises Price Target to $215

Bernstein analyst Ian Moore maintains Live Nation Entertainment (NYSE:LYV) with a Outperform and raises the price target from $200 to $215.