BofA analyst Peter Henderson raised the firm’s price target on MSG Entertainment (MSGE) to $70 from $64 and keeps a Buy rating on the shares after the company delivered stronger than forecast fiscal Q2 results. For FY26, the firm now estimates 8% revenue growth to $1.018B, up from a 7% prior call.
Meet Samuel – Your Personal Investing Prophet
- Start a conversation with TipRanks’ trusted, data-backed investment intelligence
- Ask Samuel about stocks, your portfolio, or the market and get instant, personalized insights in seconds
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on MSGE:
- MSG Entertainment price target raised to $74 from $70 at Guggenheim
- MSG Entertainment price target raised to $63 from $60 at JPMorgan
- MSGE: Solid Fundamentals but Limited Upside and Near-Term Profit Headwinds Support Hold Rating
- Madison Square Garden Entertainment Signals Strong Earnings Momentum
- Morning Movers: PayPal plummets following Q4 results and FY26 guidance