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Goldman rates Live Nation as a buy, says stock can rally nearly 40% as concerts return

Nelly performs onstage in celebration of the 20th Anniversary of “Country Grammar” at Live Nation’s first ever U.S. drive-in concert series ‘Live From The Drive-In’ at Hollywood Casino Amphitheatre - St. Louis on July 12, 2020 in Maryland Heights, Missouri.
Kevin Mazur | Getty Images

As concert tours and other live events begin to fill up the calendar once again, Live Nation is poised to bounce back and expand its market share in the entertainment business, according to Goldman Sachs.

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