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Is Live Nation Entertainment Stock Heading to $110?

Is Live Nation Entertainment Stock Heading to $110?

Stephen Laszczyk recently set a $110 price target on the stock, which is about 40% above the current quote of $78 per share. Live Nation's strategy is simple: Promote more shows, sell more tickets, and make additional money through advertising to grow the business. Ticket sales made up only 13% of total revenue in 2019.