Morgan Stanley Maintains Equal-Weight on Madison Square Garden, Raises Price Target to $45
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Benjamin Swinburne maintains an Equal-Weight rating on Madison Square Garden (NYSE:MSGE) and raises the price target from $42 to $45.
August 19, 2024 | 5:01 pm
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Morgan Stanley has maintained its Equal-Weight rating on Madison Square Garden and increased the price target from $42 to $45, indicating a positive outlook.
The increase in price target from $42 to $45 by Morgan Stanley suggests a positive outlook for MSGE, which could lead to a short-term price increase. The maintained Equal-Weight rating indicates a balanced view, but the raised target price is a positive signal.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100