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MSG Sports Targets Rangers Spin-Off by October As It Looks to Unlock Value

Aug 13, 2026, 4:25 PMAnusuya Lahiri

Madison Square Garden Sports tops Q4 expectations with $1.16 EPS and $278.8M revenue as Knicks win NBA title.

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BenzingaAug 14, 2026, 9:16 PMBenzinga Newsdesk
Madison Square Garden Sports Files Form 10 For Proposed Rangers Spin-Off, Expects Completion By End Of October 2026
Madison Square Garden Sports Corp. (NYSE: MSGS) ("MSG Sports" or the "Company") today announced that it is continuing to make progress on the proposed spin-off of its New York Rangers business from its
Read original at benzinga
MSGS
BenzingaAug 14, 2026, 4:06 PMBenzinga Newsdesk
JP Morgan Maintains Overweight on Madison Square Garden, Raises Price Target to $485
JP Morgan analyst David Karnovsky maintains Madison Square Garden (NYSE:MSGS) with a Overweight and raises the price target from $450 to $485.
Read original at benzinga
MSGS
BenzingaAug 14, 2026, 2:01 PMBenzinga Newsdesk
Susquehanna Maintains Positive on Madison Square Garden, Raises Price Target to $477
Read original at benzinga
MSGS
BenzingaAug 14, 2026, 1:32 PMBenzinga Newsdesk
Guggenheim Maintains Buy on Madison Square Garden, Raises Price Target to $584
Guggenheim analyst Curry Baker maintains Madison Square Garden (NYSE:MSGS) with a Buy and raises the price target from $522 to $584.
Read original at benzinga
MSGS