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MSG Sports price target raised to $240 from $235 at Macquarie

MSG Sports price target raised to $240 from $235 at Macquarie

Macquarie raised the firm’s price target on MSG Sports (MSGS) to $240 from $235 and keeps an Outperform rating on the shares. The company reported solid revenue and earnings beats, the analyst tells investors in a research note. The firm cites a step-up in team values given recent deals for the target increase.

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