Stifel Nicolaus Downgrades Madison Square Garden To Hold

Analysts at Stifel Nicolaus downgraded The Madison Square Garden Company

from Buy to Hold. The target price for Madison Square Garden has been raised from $60 to $65. Madison Square Garden shares have gained 10.04% over the past 52 weeks, while the S&P 500 index has surged 19.89% in the same period. Madison Square Garden's shares gained 3.44% to close at $65.00 yesterday.