JP Morgan Maintains Neutral Recommendation for Madison Square Garden Entertainment, Sees 4.95% Upside Potential

JP Morgan maintains a neutral recommendation for Madison Square Garden Entertainment (MSGE), with an average one-year price target of $48.81/share, representing a 4.95% upside from its latest closing price. The projected annual revenue is 2,983MM, an increase of 209.99%, and the projected annual non-GAAP EPS is 1.76. Institutions own 50,756K shares, with Ariel Investments holding the largest stake at 19.45%.