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Enter Symbol:
Rating: MSGNV
Hold

Madison Square Garden, Inc. (NYSE: MSG) downgraded to Hold by Stifel

Wednesday,  Sep 16, 2015  8:25 AM ET by Betsy O'Brien Harrison

Stifel downgraded Madison Square Garden, Inc. (NYSE: MSG) to Hold. Previously
Stifel downgraded to Madison Square Garden, Inc. (NYSE: MSG) to Buy with price target $100 on 05/04/2015, when the stock price was $84.80.

Madison Square Garden, Inc., through its subsidiaries, operates in the sports, entertainment, and media businesses in the United States. It operates in three segments: MSG Media, MSG Entertainment, and MSG Sports. The MSG Media segment produces and develops content for multiple distribution platforms, including content originating from its venues. This segment also involves in programming networks and interactive offerings that include the MSG Networks and the Fuse Networks. In addition, its interactive businesses include a group of targeted Websites; wireless, video on demand; and digital platforms. The MSG Entertainment segment creates, produces, and/or presents various live productions; and presents or hosts other live entertainment events, such as concerts, family shows, special events, and theatrical productions. The MSG Sports segment owns and operates sports franchises. This segment also features other sports properties, such as the presentation of various premier live sporting events, including boxing, college basketball, track and field, and tennis. The company owns the Madison Square Garden complex in New York City, which includes an arena and a theater; and The Chicago Theatre in Chicago. It leases Radio City Music Hall and the Beacon Theatre in New York City. The company was formerly known as Madison Square Garden, L.P. and changed its name to Madison Square Garden, Inc. in July 2009. The company was founded in 1874 and is based in New York, New York. Madison Square Garden, Inc. operates independently of Cablevision Systems Corporation, as of February 09, 2010.

Stifel



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