Madison Square Garden Has Room For ‘Robust Growth’ Thanks To Concert Lineup, Christmas Spectacular: Analyst
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Shares of Madison Square Garden Entertainment Corp (NYSE:MSGE) climbed in early trading on Wednesday.
The company is well-positioned to beat fiscal 2025 consensus expectations for revenues, adjusted operating income and free cash flows, according to Goldman Sachs’ Stephen Laszczyk.
The Madison Square Garden Analyst: Laszczyk upgraded the rating for Madison Square Garden from Neutral to Buy, while raising the price target from $41 to $45.
The Madison Square Garden Thesis: The company faces a strong event bookings environment at its arena and theaters, with upside driven by “a combination of strong supply of concert tours (across both …
Full story available on Benzinga.com
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