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Eventbrite (EB) Gets a Hold from Morgan Stanley

Morgan Stanley analyst Benjamin Swinburne maintained a Hold rating on Eventbrite (EBResearch Report) today and set a price target of $9.00. The company’s shares opened today at $7.30.

According to TipRanks, Swinburne is a 5-star analyst with an average return of 8.3% and a 56.05% success rate. Swinburne covers the Services sector, focusing on stocks such as Liberty Media Liberty Formula One, iHeartMedia, and Paramount Global Class B.

Currently, the analyst consensus on Eventbrite is a Hold with an average price target of $11.25.

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The company has a one-year high of $22.52 and a one-year low of $6.72. Currently, Eventbrite has an average volume of 1.37M.

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Eventbrite, Inc. provides event management services encompassing online ticketing, event hosting, organization, promotion and advertising. The company was founded by Alan Michael Braverman, Renaud Visage, Kevin E. Hartz and Julia Hartz in 2006 and is headquartered in San Francisco, CA.

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