1514 ET - Live Nation Entertainment represents an attractive opportunity to own a growth-orientated, and relatively recession resilient stock, BofA Securities analysts say in a research note. The live music industry has been relatively resilient during recessionary periods and historically has not been as cyclical as other types of consumer expenditures, the analysts say. "In our view, Live Nation remains well positioned considering the company is benefiting from numerous secular tailwinds, including global growth fueled by emerging economies in Latin America and Asia," the analysts add. (sabela.ojea@wsj.com; @sabelaojeaguix)
(END) Dow Jones Newswires
April 04, 2025 15:14 ET (19:14 GMT)
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