MSG Sports price target raised to $295 from $220 at Morgan Stanley
Core Viewpoint - Morgan Stanley analyst Benjamin Swinburne has raised the price target for MSG Sports (MSGS) to $295 from $220 while maintaining an Equal Weight rating on the shares, indicating a positive outlook on the stock's performance [1]. Financial Performance - Q2 results for MSG Sports were in-line with expectations, showcasing strong per game spending at Madison Square Garden [1]. Market Sentiment - The firm perceives a balanced risk-reward scenario for MSG Sports shares, which have appreciated over 35% in the last six months [1].