Citi recommends buying MSG stock due to the New York Knicks' growing value

cnbc.com

Citigroup recommends buying Madison Square Garden Sports stock, citing the New York Knicks' increasing value. The bank reiterated its buy rating, with a price target suggesting 25% upside, as Forbes values the Knicks at $9.75 billion, a 30% increase. This valuation suggests MSG Sports stock trades at a significant discount, potentially attracting investors and driving the stock higher.


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Citi recommends buying MSG stock due to the New York Knicks' growing value | News Minimalist