Can Live Nation Entertainment, Inc. (LYV) Continue to Rise?

Zacks

Although Live Nation Entertainment, Inc. (LYV) is up over 12.3% in the past four weeks, investors may be concerned. After all, LYV is now in overbought territory, at least when looking at its RSI value of 73.6. If that wasn’t enough, investors should also note that Live Nation Entertainment, Inc. possesses a Zacks Rank #4 (Sell), so if analyst perception is any guide, we could witness a slump in LYV shares before too long.



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