Live Nation Entertainment (NYSE:LYV) is a top communication services stock according to Hedge Funds. Analyst Kutgun Maral of Evercore ISI reaffirmed an outperform rating and raised the target price to $188, anticipating nearly 31% upside due to strong projected growth in consolidated adjusted operating income (AOI).
Bernstein SocGen Group analyst Ian Moore also reiterated a Buy rating for Live Nation Entertainment (NYSE:LYV) with a $185 target price, foreseeing over 28% upside. Despite concerns with the Ticketmaster division, Moore maintains a view of double-digit AOI growth in 2026.
Live Nation Entertainment (NYSE:LYV) is a multinational entertainment company that operates through three segments: Concerts, Ticketing, and Sponsorship & Advertising. It promotes live events, festivals, ticket sales, venues, and engages in advertising and sponsorships.
While Live Nation Entertainment (NYSE:LYV) is a promising investment, some AI stocks may offer greater upside potential with less downside risk. Those interested in AI stocks should consider options beyond Live Nation, such as those benefiting from Trump-era tariffs and the onshoring trend.
Read more at Yahoo Finance: What Makes Live Nation Entertainment (LYV) Attractive
