NEW YORK (dpa-AFX Broker) - The US analyst firm Bernstein Research has raised its price target for CTS Eventim from 93 to 95 euros and left its rating at "Outperform". In a study published on Thursday, analyst Annick Maas wrote that her self-experiment of a group ticket resale on the company's own ticket exchange Fansale did not quite work out as she had planned, but made her realize its surprisingly large potential. Fansale is likely to become an important margin driver for the ticket marketer and concert promoter in the medium term. CTS Eventim is also likely to raise its outlook for the year when it publishes its half-year figures in August./gl/mis

Publication of the original study: 19.06.2024 / 09:02 / UTC First distribution of the original study: 20.06.2024 / 05:00 / UTC

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