Susquehanna raised the firm’s price target on MSG Entertainment (MSGE) to $74 from $71 and keeps a Positive rating on the shares. The firm said they delivered an important beat in the December quarter; financially the most important quarter for them given weighting of the Christmas Spectacular show, with revenue/EBITDA 2%/5% higher than consensus.
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Read More on MSGE:
- MSG Entertainment price target raised to $67 from $61 at Morgan Stanley
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- MSG Entertainment price target raised to $74 from $70 at Guggenheim
- MSG Entertainment price target raised to $63 from $60 at JPMorgan
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