B of A Securities Maintains Buy on Madison Square Garden, Raises Price Target to $48
Portfolio Pulse from Benzinga Newsdesk
B of A Securities has maintained a Buy rating on Madison Square Garden (NYSE:MSGE) and raised its price target from $43 to $48, indicating a positive outlook for the company's stock.
August 19, 2024 | 4:38 pm
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B of A Securities has reaffirmed its Buy rating on Madison Square Garden and increased the price target from $43 to $48, suggesting confidence in the company's future performance.
The increase in price target from $43 to $48 by B of A Securities reflects a positive sentiment and confidence in Madison Square Garden's future performance. This is likely to have a positive short-term impact on MSGE's stock price as investors may view the raised target as a sign of potential growth.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100