Macquarie analyst Paul Golding raised the firm’s price target on MSG Entertainment to $45 from $43 and keeps an Outperform rating on the shares. The company reported a beat across all major metrics in fiscal Q2 on a record-setting Christmas Spectacular run and robust bookings, the analyst tells investors in a research note. The firm says MSG’s increased fiscal 2024 guidance reflects event bookings being well on track to see low double-digit percentage growth.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See the top stocks recommended by analysts >>
Read More on MSGE:
- Madison Square Garden: Key Points from Investor Presentation
- MADISON SQUARE GARDEN ENTERTAINMENT CORP. REPORTS FISCAL 2024 SECOND QUARTER RESULTS
- MSG Entertainment raises FY24 revenue view to $930M-$950M from $900M-$930M
- MSG Entertainment reports Q2 EPS $2.59, consensus $1.91
- Michael Grau Named New CFO at MSG Entertainment
