Ticketmaster Cuts 350 Jobs After Strong Quarter: Inside Live Nation’s Push to Reset Its Ticketing Business

Wells Fargo’s Steven Cahall shaved his price target for Live Nation Entertainment down to $203 from $204 on Thursday, sticking with an overweight call. Even with the minor adjustment, Cahall’s move keeps Wall Street support strong for the concert giant. Earlier this week, Citizens kicked off coverage with an Outperform and a $190 target. Shares of Live Nation were recently up almost 2% to $155.73 in late New York trading.

Live Nation is deepening its push into non‑alcoholic and “better‑for‑you” drinks, announcing a multi‑year partnership — and equity investment — in Hiyo Social Tonics that will bring the brand’s functional, alcohol‑free beverages to select venues and festivals across the United States.SSBCrack News+3Live Nation Newsroom+3Brand Innovators+3