12-07-2025
Seaport Global Reaffirms Their Buy Rating on Madison Square Garden Entertainment Corp. (MSGE)
Seaport Global analyst David Joyce maintained a Buy rating on Madison Square Garden Entertainment Corp. on July 9 and set a price target of $46.00. The company's shares closed yesterday at $39.48.
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According to TipRanks, Joyce is a 4-star analyst with an average return of 9.9% and a 65.38% success rate. Joyce covers the Communication Services sector, focusing on stocks such as Comcast, Walt Disney, and Netflix.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Madison Square Garden Entertainment Corp. with a $40.50 average price target.
Based on Madison Square Garden Entertainment Corp.'s latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $242.47 million and a net profit of $8.04 million. In comparison, last year the company earned a revenue of $228.31 million and had a net profit of $2.8 million
