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Analysts Offer Insights on Consumer Cyclical Companies: Madison Square Garden Entertainment Corp. (MSGE) and Darden Restaurants (DRI)

Tipranks - Wed Mar 18, 7:18AM CDT

There’s a lot to be optimistic about in the Consumer Cyclical sector as 2 analysts just weighed in on Madison Square Garden Entertainment Corp. (MSGEResearch Report) and Darden Restaurants (DRIResearch Report) with bullish sentiments.

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Madison Square Garden Entertainment Corp. (MSGE)

In a report released yesterday, Stephen Laszczyk from Goldman Sachs reiterated a Buy rating on Madison Square Garden Entertainment Corp., with a price target of $65.00. The company’s shares closed last Monday at $57.77.

According to TipRanks.com, Laszczyk is a 4-star analyst with an average return of 11.3% and a 58.4% success rate. Laszczyk covers the NA sector, focusing on stocks such as Live Nation Entertainment, Sphere Entertainment, and TKO Group Holdings. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Madison Square Garden Entertainment Corp. with a $68.71 average price target.

See today’s best-performing stocks on TipRanks >>

Darden Restaurants (DRI)

BTIG analyst Peter Saleh maintained a Buy rating on Darden Restaurants today and set a price target of $225.00. The company’s shares closed last Monday at $206.69, close to its 52-week high of $211.00.

According to TipRanks.com, Saleh is a 5-star analyst with an average return of 9.8% and a 60.3% success rate. Saleh covers the NA sector, focusing on stocks such as Texas Roadhouse, Domino’s Pizza, and Yum! Brands. ;'>

Darden Restaurants has an analyst consensus of Moderate Buy, with a price target consensus of $225.94, a 10.0% upside from current levels. In a report issued on March 10, KeyBanc also maintained a Buy rating on the stock with a $225.00 price target.

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