D.A. Davidson analyst Tom Forte reiterated a Buy rating on Vivid Seats (SEAT – Research Report) today and set a price target of $13.00. The company’s shares closed last Friday at $7.70.
According to TipRanks, Forte is a 5-star analyst with an average return of 13.0% and a 52.44% success rate. Forte covers the Consumer Cyclical sector, focusing on stocks such as Amazon, Beyond Inc, and The Lovesac Company.
In addition to D.A. Davidson, Vivid Seats also received a Buy from Benchmark Co.’s Daniel Kurnos in a report issued on November 8. However, on the same day, Morgan Stanley maintained a Hold rating on Vivid Seats (NASDAQ: SEAT).
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Based on Vivid Seats’ latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $154.39 million and a net profit of $690 thousand. In comparison, last year the company earned a revenue of $130.54 million and had a net profit of $18.76 million
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Vivid Seats (SEAT) Company Description:
Horizon Acquisition Corp is a blank check company.
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