Caledonia Private Investments Buys $107.2M Stake in Live Nation Entertainment
Caledonia Private Investments Pty Ltd bought 585,442 shares of Live Nation Entertainment worth about $107.2 million. Citizens JMP raised its price target to $215 and kept a market outperform rating. Live Nation reported quarterly EPS of $1.05 on revenue of $7.67 billion, and other investors also added new stakes.