Macquarie Maintains Outperform on Madison Square Garden, Lowers Price Target to $235
Portfolio Pulse from Benzinga Newsdesk
Macquarie analyst Paul Golding maintains an Outperform rating on Madison Square Garden (NYSE:MSGS) but lowers the price target from $240 to $235.
August 16, 2024 | 1:48 pm
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Macquarie analyst Paul Golding maintains an Outperform rating on Madison Square Garden (NYSE:MSGS) but lowers the price target from $240 to $235.
The Outperform rating suggests continued confidence in MSGS's performance, but the lowered price target indicates a slight reduction in expected upside. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100