NEW YORK (TheStreet) -- Madison Square Garden (MSG - Get Report) was downgraded to "hold" from "buy" at Stifel Nicolaus (SF - Get Report) on Thursday.
The firm said it lowered its rating on the integrated sports, entertainment, and media business as the company lacks near term catalysts.
Shares of Madison Square Garden are lower by -0.89% to $64.42 in pre-market trading today.
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