Wall Street Zen has upgraded LiveOne (LVO) from a “sell” to a “hold” rating, contributing to a consensus “Hold” rating for the stock among analysts. This upgrade follows LiveOne’s recent earnings beat, where the company exceeded EPS and revenue estimates. Several institutional investors have also increased their positions in LVO, with hedge funds now owning approximately 21.25% of the company’s shares.
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LiveOne (NASDAQ:LVO) Rating Increased to Hold at Wall Street Zen
Wall Street Zen has upgraded LiveOne (LVO) from a “sell” to a “hold” rating, contributing to a consensus “Hold” rating for the stock among analysts. This upgrade follows LiveOne’s recent earnings beat, where the company exceeded EPS and revenue estimates. Several institutional investors have also increased their positions in LVO, with hedge funds now owning approximately 21.25% of the company’s shares.