Madison Square Garden Sports F2Q Mixed, but Fundamentals Remain Strong -- Market Talk

Dow Jones
2025/02/26

1341 ET - Madison Square Garden Sports' F2Q results were mixed: with a revenue beat, but elevated costs that drove an adjusted operating income miss, Macquarie analysts say in a research note. Despite the disparate results, the analysts say they remain bullish on the stock due to potential minority stake deals, consumer demand for live events and corporate spending. Madison Square Garden Sports owns and operates the NBA's Knicks, the NHL's Rangers and the Liberty of the WNBA among other franchises. Macquarie raises its target price to $250 from $240. Shares fall 1% to $200.71. (sabela.ojea@wsj.com; @sabelaojeaguix)

(END) Dow Jones Newswires

February 25, 2025 13:41 ET (18:41 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

應版權方要求,你需要登入查看該內容

免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

熱議股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10