Where Does Wall Street Think Live Nation Entertainment, Inc. (LYV) Stock Will Go?

Thursday, May 19, 2022 09:55 AM | InvestorsObserver Analysts

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Wall Street is positive on Live Nation Entertainment, Inc. (LYV). On average, analysts give LYV a Strong Buy rating. The average price target is $129.857, which means analysts expect the stock to increase by 45.14% over the next twelve months. That average ranking earns LYV an Analyst Rating of 59, which is better than 59% of stocks based on data compiled by InvestorsObserver.

Wall Street analysts are rating LYV a Strong Buy today. Find out what this means to you and get the rest of the rankings on LYV!
See Full LYV Report

Why are Analyst Ratings Important?

A company's financial statements are a significant factor weighted by experts when analyzing a company's health. Beyond just the numbers, analysts follow specific industries closely and are able to gain a detailed understanding of how a storm in one part of the world can shutdown supply chains leading to a change in consumption across the globe. This knowledge allows investors to respond to potential changes in the market before they are revealed in a quarterly annoucement. InvestorsObserver averages the ratings across all these analysts and percentile ranks those averages. This allows you to compare stocks in greater detail than the usual five-tiered system used amongst the majority of investors.

What's Happening With Live Nation Entertainment, Inc. Stock Today?

Live Nation Entertainment, Inc. (LYV) stock has risen 4.78% while the S&P 500 is lower by -0.5% as of 9:52 AM on Thursday, May 19. LYV has gained $4.08 from the previous closing price of $85.39 on volume of 302,569 shares. Over the past year the S&P 500 is lower by -5.14% while LYV has gained 2.49%. LYV lost -$2.05 per share the over the last 12 months. Click Here to get the full Stock Report for Live Nation Entertainment, Inc. stock.

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