UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Lowers Stock Holdings in Live Nation Entertainment, Inc. $LYV
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UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC, decreased its stake in Live Nation Entertainment (NYSE:LYV) by 5.6% during the second quarter, selling 39,497 shares. Despite this, other institutional investors have increased their holdings. Live Nation Entertainment reported stronger-than-expected quarterly earnings and revenue, with analysts maintaining mostly "buy" ratings and an average price target of $197.19.
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