MSG Entertainment price target lowered to $36 from $48 at Goldman Sachs
Discover outperforming stocks and invest smarter with Top Smart Score Stocks.
Filter, analyze, and streamline your search for investment opportunities using Tipranks' Stock Screener.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See today's best-performing stocks on TipRanks >>
Read More on MSGE:
Disclaimer & DisclosureReport an Issue
Madison Square Garden Entertainment Appoints New CFO and Director
MSG Entertainment names David Collins CFO
Chisholm group purchase will value Celtics over $7B, Axios says
Chisholm group buying majority stake in Celtics for $6.1B, Axios says
Chisholm group to buy NBA's Celtics for over $6B, Sportico reports
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
USA Today
14 hours ago
- USA Today
Kristaps Porzingis on his trade from the Boston Celtics, recovery from viral illness
When the Boston Celtics traded away Latvian big man Kristaps Porzingis to the Atlanta Hawks, the move was not exactly a surprise for KP and his teammates, even if the destination was to a degree. With the Celtics staring down what would have been a historic payroll and luxury tax bill (as well as the brutal team building restrictions created by the collective bargaining agreement's second apron), even casual fans understood that some moves were likely coming in the 2025 NBA offseason. Porzingis, for his part, related how that awareness seeped into the roster as the 2024-25 season was still unfolding in a recent interview with BasketNews. "The rumors started popping up during the season already," he explained. "It didn't exactly distract us, but we knew this team might not stay together due to the salary cap." "After the season, I spoke to my agent and expected that one or more of us would be traded," Porzingis added. "For a while, I thought I might end up with the (San Antonio) Spurs, but then Atlanta came in—and that was a nice surprise. It was out of my hands." Now hearing up for a stint representing his native Latvian National Team in summer FIBA play, KP also shared that the viral malady that afflicted him in the 2025 NBA Playoffs has subsided. "I feel fantastic, to be honest," he suggested. "I took time to rest after the season." "Something was lingering during the playoffs—I had fatigue, dizziness, even moments where I felt like I might faint. It wasn't great." Listen to "Havlicek Stole the Pod" on: Spotify: iTunes: YouTube:
USA Today
2 days ago
- USA Today
Wyc Grousbeck on how he ended up owning the Boston Celtics
Sometimes, it pays off to shoot your shot. Take, for example, the shot of former Boston Celtics majority owner Wyc Grousbeck, who recently revealed how he talked a former owner of the storied ball club into selling him the team. Speaking to former Boston floor general Jeff Teague on his "Club 520" podcast, Grousbeck took some time to tell the tale of how he convinced an absentee owner of the Celtics into selling him and a host of fellow investors the team. Explaining how he more or less grew up in the team's home arena, and while attending a game during the dark ages of the franchise in the post-Larry Bird, pre-New Big Three era, Grousbeck began to wonder what was going on with the team (and the arena in particular, which was only half full of fans). Wondering who the team's owner at the time was, Grousbeck asked around. "They said, 'Oh, he lives down in New York. Turns out to be a very nice guy.' I went to find him," he explained. "They said he hadn't been here in three and a half, four years. He hadn't come to the games." Wondering if he might be convinced to sell the team given its then-distressed state, Grousbeck tracked him down. "I go down, find him, shake his hand, and say, 'What do you want?' I said, 'I'd like to buy the Celtics.' And he goes, 'They're not for sale.' I said, 'Well, is there a crazy number?' And he named a crazy number—way too high, really," continued Grousbeck. "But I didn't have the money." "I said, 'I don't have the money, but I'll get it in four months—three and a half months,'" recalled the Celtics CEO. "So I didn't give him a chance. I took his price. I didn't negotiate. He named the number—it was a record—and I just said, 'Okay, I figure I can probably get it.' Then I said, 'I'll wire you this much next week to keep—just keep it as a deposit.'" "I named a number, which wasn't very much for the team, but it was a lot for me. And he goes, 'All right, what's he going to do?' He had to say yes—free money. So I shake his hand, go home, mortgage my house, send him the money. And then three months later, I had 25 partners. We had all the money." The rest, as they say, is history.
USA Today
3 days ago
- USA Today
The Boston Celtics cutting JD Davison gave them more than just cap relief
The Boston Celtics cutting point guard JD Davison gave them more than just cap relief. The Celtics elected to move on from last season's G League Most Valuable Player earlier this week, with the most obvious reasoning behind the move from the outside being getting the team's roster under the second apron, which will save the team some money. But it also got the Celtics free of all the restrictive team building impacts that status puts on the team's front office, making it easier to begin reshaping the roster in earnest for the return of injured star forward Jayson Tatum next season. What specific things does this newfound status bring to Boston in terms of team building? The hosts of the CLNS Media "How Bout Them Celtics!" podcast, Jack Simone and Sam LaFrance, took some time on a recent episode of their show to talk it over. Check it out below! If you enjoy this pod, check out the "How Bout Them Celtics," "First to the Floor," and the many other New England sports podcasts available on the CLNS Media network: Listen to "Havlicek Stole the Pod" on: Spotify: iTunes: YouTube:
