Morgan Stanley raised the firm’s price target on MSG Entertainment (MSGE) to $44 from $41 and keeps an Equal Weight rating on the shares. Trends in concerts, sports, and live entertainment have “looked healthy so far this earnings period,” says the analyst, who views MSG assets as “well positioned to participate in this strength.” The firm’s bias remains positive toward live entertainment and concert assets as it rolls forward its price target basis to FY26, the analyst added.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on MSGE:
