MSG Networks Inc (MSGN) Initiated with a Hold at Rosenblatt Securities


MSG Networks Inc (MSGN) received a Hold rating and a $23 price target from Rosenblatt Securities analyst Mark Zgutowicz today. The company’s shares closed on Friday at $21.45.

According to TipRanks.com, Zgutowicz is a 4-star analyst with an average return of 18.5% and a 61.8% success rate. Zgutowicz covers the Technology sector, focusing on stocks such as Spotify Technology SA, Trade Desk Inc, and Wix.com Ltd.

The word on The Street in general, suggests a Hold analyst consensus rating for MSG Networks Inc with a $25.33 average price target.

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The company has a one-year high of $28.13 and a one-year low of $18.55. Currently, MSG Networks Inc has an average volume of 478.8K.

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MSG Networks, Inc. is a holding company, which engages in the sports production, and content development and distribution. It operates two regional sports and entertainment networks, MSG Network (MSGN) and MSG+, collectively MSG Networks. The company was founded on July 29, 2009 and is headquartered in New York, NY.

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