Imperial Capital Maintains Their Buy Rating on MSG Networks Inc (MSGN)


Imperial Capital analyst David Miller maintained a Buy rating on MSG Networks Inc (MSGN) today and set a price target of $24. The company’s shares closed last Monday at $14.76, close to its 52-week low of $14.46.

According to TipRanks.com, Miller is a 5-star analyst with an average return of 9.5% and a 55.4% success rate. Miller covers the Services sector, focusing on stocks such as Madison Square Garden Co, Lions Gate Ent Corp Cl A, and AMC Entertainment.

The word on The Street in general, suggests a Moderate Sell analyst consensus rating for MSG Networks Inc with a $18.75 average price target.

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The company has a one-year high of $28.13 and a one-year low of $14.46. Currently, MSG Networks Inc has an average volume of 530.8K.

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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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