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L2 Asset Management Adds New Stake in Live Nation Entertainment After Earnings Beat

Live Nation logoLive Nation
Sig1.40Sen+2.84Env0.00Soc0.00Gov0.00

Live Nation Entertainment reported quarterly EPS of $1.05, well above the $0.66 consensus, versus $0.41 a year earlier, and revenue rose 9.4%. Analysts reiterated bullish views, with 20 buy ratings and four holds, plus higher price targets from BTIG and Citigroup. L2 Asset Management LLC disclosed a new LYV position added in Q2.

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