Jefferies Starts Madison Square Garden (MSG) at Hold
Get Alerts MSG Hot Sheet
Rating Summary:
15 Buy, 3 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 13 | Down: 11 | New: 11
Join SI Premium – FREE
Jefferies initiates coverage on Madison Square Garden (NASDAQ: MSG) with a Hold rating and a price target of $85.00.
Analyst John Janedis comments, "As the owner of the Knicks, Rangers, the Garden, and two RSNs, MSG is in a unique position to capitalize on the rising value of sports content. Given the proposed spin, upside will be a function of further narrowing of the public/ private market discount, which may be difficult to achieve absent an asset sale."
For an analyst ratings summary and ratings history on Madison Square Garden click here. For more ratings news on Madison Square Garden click here.
Shares of Madison Square Garden closed at $75.22 yesterday.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- TD Cowen Starts Grindr (GRND) at Buy
- Truist Securities Starts Merus N.V. (MRUS) at Buy, 'there is more upside on Peto's 2 clinical catalysts'
- Truist Securities Starts Global Net Lease (GNL) at Hold, 'expect earnings growth will be muted'
Create E-mail Alert Related Categories
Analyst Comments, New CoverageRelated Entities
Jefferies & CoSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!