Live Nation Hits The Street

Live Nation has improved its status in the eyes of Jim Cramer’s The Street.

The financial gurus at have upgraded Live Nation’s stock (LYV) from a sell to a hold.

"Live Nation’s revenue grew more than 39 percent in 2006 and appears to have helped to boost earnings per share," the company said. " ratings expects more EPS growth in the future. LYV had been rated a sell since January 2007."

The concert promotion giant has already received a "Buy" rating from Goldman Sachs and Credit Suisse started coverage of Live Nation in December with an "Overweight" rating.

The Motley Fool has also given LN a thumb’s up.