Susquehanna raised the firm’s price target on MSG Sports (MSGS) to $351 from $260 and keeps a Positive rating on the shares. The firm increased the company’s estimates to reflect higher Knick playoff estimates and no Rangers playoffs, partially offset by softer sell-out levels of Rangers attendance. The sportsbooks odds are implying a 50% chance of the Knicks reaching the conference finals, the analyst tells investors in a research note.
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Read More on MSGS:
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- MSG Sports price target raised to $290 from $285 at Citi
