littleny/iStock Editorial via Getty Images Moving forward with the spin-off of its traditional live entertainment business, Madison Square Garden Entertainment (NYSE:MSGE) anticipates filing an Amended Form 10 Registration Statement with the SEC in February. In addition, the company expects to complete the spin-off by the end of March 2023. Completion of the transaction remains subject to various conditions, including effectiveness of the Amended Form 10 Registration Statement, certain league and other approvals, receipt of a tax opinion from counsel and final Board approval. The Wall Street analyst give the stock a Buy rating with an average price target of $60. Quant rating of Hold on the stock with lowest factor grades given to profitability. A look at the rating comparision against its peers.

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