Skip to navigationSkip to main contentSkip to right columnADVERTISEMENTNeha GuptaSat, July 4, 2026 at 3:36 PM GMT+2 2 min readMadison Square Garden Sports Corp. (NYSE:MSGS) is one of the top stocks to buy according to Ariel Investments. On June 23, Susquehanna reiterated a Positive rating on Madison Square Garden Sports Corp. (NYSE:MSGS) and raised the price target to $430. The new price target represents significant upside as the stock is trading at about $403 a share.Knicks Success Assert Madison Square Garden Sports Corp. (MSGS) as a Top Stock to Buy According to Ariel InvestmentsAccording to the research firm, the company's bid to raise external capital comes at an opportune time after the Knicks' championship. The company is raising capital to fund operations and address tax headwinds.Earlier on June 2, Guggenheim also raised its price target on Madison Square Garden Sports Corp to $470 from $422 while reiterating a Buy rating. The new price target reflects expectations that the company will generate significant revenue from the NBA playoff games. The research firm expects the company to add $15 million or more in revenues and over $9 million in adjusted operating income.The potential spinoff of the Knicks and Rangers, at the back of potential NBA expansion in Las Vegas, is also expected to yield between $450 million and $700 million for the Knicks.Madison Square Garden Sports Corp. (NYSE:MSGS) is a premier sports holding company that owns and operates professional sports franchises, primarily the New York Knicks (NBA) and the New York Rangers (NHL).While we acknowledge the potential of MSGS as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.READ NEXT: 9 Best Energy Dividend Stocks to Invest In Now and 10 Best Dividend Aristocrat Stocks To Buy Now.Disclosure: None. Follow Insider Monkey on Google News.Terms and Privacy PolicyEU DSA contactPrivacy & Cookie SettingsMore Info