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Analysts Conflicted on These Consumer Cyclical Names: Madison Square Garden Entertainment Corp. (MSGE) and Boyd Gaming (BYD)

Tipranks - Fri Apr 17, 5:42AM CDT

Analysts have been eager to weigh in on the Consumer Cyclical sector with new ratings on Madison Square Garden Entertainment Corp. (MSGE) and Boyd Gaming (BYD).

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Madison Square Garden Entertainment Corp. (MSGE)

BTIG analyst Tyler DiMatteo maintained a Buy rating on Madison Square Garden Entertainment Corp. yesterday and set a price target of $70.00. The company’s shares closed last Wednesday at $60.80.

According to TipRanks.com, DiMatteo is a 2-star analyst with an average return of 4.1% and a 63.6% success rate. DiMatteo covers the NA sector, focusing on stocks such as Madison Square Garden Sports, Sphere Entertainment, and Nexxen International. ;'>

Currently, the analyst consensus on Madison Square Garden Entertainment Corp. is a Strong Buy with an average price target of $68.88, a 10.6% upside from current levels. In a report released yesterday, TipRanks – Google also reiterated a Buy rating on the stock with a $69.00 price target.

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Boyd Gaming (BYD)

In a report released yesterday, Trey Bowers from Wells Fargo maintained a Hold rating on Boyd Gaming, with a price target of $109.00. The company’s shares closed last Wednesday at $85.98.

According to TipRanks.com, Bowers is a 1-star analyst with an average return of -4.1% and a 36.5% success rate. Bowers covers the NA sector, focusing on stocks such as Marriott Vacations Worldwide Corporation, Hilton Worldwide Holdings, and Marriott International. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Boyd Gaming with a $96.64 average price target, implying a 10.3% upside from current levels. In a report released today, Citi also maintained a Hold rating on the stock with a $90.00 price target.

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