Madison Square Garden shares are trading higher after Goldman Sachs upgraded the stock from Neutral to Buy and raised its price target from $41 to $45.
Portfolio Pulse from Benzinga Newsdesk
Madison Square Garden shares are trading higher after Goldman Sachs upgraded the stock from Neutral to Buy and raised its price target from $41 to $45.
July 24, 2024 | 10:20 am
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POSITIVE IMPACT
Goldman Sachs upgraded Madison Square Garden from Neutral to Buy and increased the price target from $41 to $45, causing the shares to trade higher.
The upgrade from a reputable financial institution like Goldman Sachs and the increase in the price target are strong positive signals for investors, likely leading to increased buying activity and a short-term rise in MSGE's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100