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Fly News Breaks for August 18, 2017
MSG
Aug 18, 2017 | 09:00 EDT
Loop Capital analyst David Miller says Madison Square Garden's "stellar" year-over-year revenue growth of 40% in Q4 was muted by a number of one-time charges. Investors should be comforted that MSG "is one of the very few equity plays focused completely on live entertainment," Miller tells investors in a post-earnings research note. He keeps a Buy rating on the shares with a $266 price target.
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