Gabelli & Company Maintains Buy Rating on Madison Square Garden
Gabelli & Company maintained its Buy recommendation for Madison Square Garden (NASDAQ: MSG) after the company released its latest earnings report.
In the report, Gabelli & Company writes, "We continue to recommend purchase of shares. MSG owns a collection of uniquely valuable assets, the earnings power of which is obscured by the transformation, lock-out and TWC dispute."
Shares of Madison Square Garden are currently trading at $30.15, up 1.28% from yesterday's close.
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