Live Nation +1.9% as Guggenheim opens at Buy

  • Live Nation (NYSE:LYV) is up 1.9% and inching closer to its 52-week high today after Guggenheim launched coverage on the stock at Buy.
  • It joins nine other firms at that rating, vs. one at Hold (Albert Fried reiterated its Neutral stance in January).
  • Guggenheim set a price target of $40, above Street averages and implying 17% upside from today’s higher price.

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