Analyst RecommendationAnalyst recommendation remains positive on Atlanta Braves Holdings and reiterates a BUY rating while increasing the price target to $67 from $60.
Real Estate PortfolioThe Battery Atlanta has 2.25M square feet of high occupancy and activity commercial, retail, entertainment and residential space and drew 9M visitors last year.
Revenue RetentionThe Battery Atlanta and Truist Park have been successful, drawing 9 million visitors last year and retaining all revenue in-house, which is economic for the Braves.