02:20 PM EDT, 09/09/2025 (MT Newswires) -- CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows:

We raise our target price by $26 to $196, applying a wider risk premium and a forward TEV/EBITDA of 16.4x, which is above the five-year historical average of 14.1x but below the 2024 average of 17.4x. Our EBITDA estimates are unchanged, at $2.39B in 2025 and $2.7B in 2026, as well as our EPS estimates, at $2.40 and $3.00, respectively. LYV continues to benefit with the outsized opportunity for live entertainment around the globe. The company continues to build select arenas and theaters in certain markets to capture market share and delight music goers. Also, LYV benefits from steady high single-digit revenue growth and wide margins for Ticketmaster, the market leader. We believe LYV has sufficient liquidity and available cash of $7.1B to meet its debt maturities on $5.5B total debt outstanding. We think the share price can be supported with select share repurchases and executing on its growth strategy. The stock beta is above the market, at 1.42, which does lend itself to higher share price volatility.