MSG Sports price target raised to $295 from $220 at Morgan Stanley

Morgan Stanley analyst Benjamin Swinburne raised the firm’s price target on MSG Sports (MSGS) to $295 from $220 and keeps an Equal Weight rating on the shares. Q2 results were in-line, with per game spending at Madison Square Garden strong, the analyst tells investors in a research note. The firm sees a balanced risk reward in shares here, which have rallied over 35% in the last six months.