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Cramer’s Upgrades Live Nation Stock

NEW YORK (CelebrityAccess MediaWire) — Spastic Mad Money stock analyst Jim Cramer has upgraded his recommendation on Live Nation stock from a sell to a hold on his blog,

Cramer mentioned that Live Nation’s revenue grew more than 39% in 2006 and appears to have helped to boost earnings per share. Cramer expects even more share growth in the near future.

Live Nation’s stock has been highly regarded in 2007, receiving positive recommendations from the Motley Fool, Wall Street Journal, and Goldman Sachs in recent weeks. –by CelebrityAccess Staff Writers