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Launchpad
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JPMorgan Chase & Co. Issues Positive Forecast for Madison Square Garden (NYSE:MSGS) Stock Price
JPMorgan Chase & Co. has raised its target price for Madison Square Garden (NYSE:MSGS) stock from $240.00 to $305.00, maintaining an “overweight” rating and suggesting a potential upside of 9.24%. Despite this positive outlook, the stock currently holds a consensus “Hold” rating from multiple analysts with an average price target of $272.17. The company recently reported quarterly earnings of $0.34 per share, missing consensus estimates, but revenue exceeded expectations at $403.42 million.