古根海姆证券表示，纽约游骑兵冰球队和纽约尼克斯篮球队从原麦迪逊广场花园体育公司分拆出来，可能会为两家公司的股东释放价值。
The spinoff of the New York Rangers hockey team and New York Knicks basketball franchise from the former Madison Square Garden Sports is likely to unlock value for shareholders of both companies, according to Guggenheim Securities.
这家投资公司对MSG游骑兵启动覆盖，给予买入评级和278美元的目标价，意味着较周二收盘价有近57%的上涨空间。
The investment firm initiated coverage of MSG Rangers with a buy rating and a $278 price target, implying nearly 57% upside from Tuesday's close.
古根海姆还对MSG尼克斯启动研究覆盖，给予买入评级和445美元的目标价，相当于较上次收盘价有46%的上涨空间。
Guggenheim also began research coverage of MSG Knickerbockers with a buy rating and a $445 price target that would equal 46% upside from the last close.
分析师柯里·贝克周二在给客户的报告中表示，这两只股票都有“多条释放更多价值的路径”。
There are "multiple paths to unlock further value" for both stocks, analyst Curry Baker said Tuesday in a note to clients.
MSG游骑兵于周一晚些时候从MSG尼克斯（前身为麦迪逊广场花园体育公司）分拆出来。
MSG Rangers was spun off from MSG Knickerbockers, formerly Madison Square Garden Sports, late Monday.
这支冰球队的股价周二下跌近7%，收于177.61美元，而尼克斯上涨近6%，收于305.42美元。
Shares of the hockey team traded down nearly 7% on Tuesday, closing at $177.61, while the Knicks gained nearly 6% to finish at $305.42.
此次分拆发生在尼克斯赢得53年来首个美国职业篮球联赛总冠军之后。游骑兵今年在冰场上表现挣扎。
Their separation comes after the Knicks won their first National Basketball Association championship in 53 years. The Rangers have struggled in the rink this year.
贝克表示，此次分拆为MSG尼克斯打开了多个催化剂，应有助于提振其股价。
Baker said the spinoff opens multiple catalysts for MSG Knickerbockers, which should help boost its stock.
这位分析师写道：“我们继续看到MSG尼克斯有多个潜在催化剂可以释放价值……我们估计，NBA在拉斯维加斯和西雅图扩军（链接）可能为尼克斯带来（4.5亿至7亿美元），即每股约13至20美元……（此外还有）NBA欧洲扩张带来的潜在提振。”
"We continue to see a number of potential catalysts to unlock value at MSGK … we estimate NBA expansion in Las Vegas and Seattle (link) could yield [$450-$700 million dollars] for the Knicks, or ~$13- $20/share … [in addition to a potential boost from] the NBA European expansion," the analyst wrote.
贝克还表示，MSG游骑兵应该会从分拆中受益，并指出潜在的税收优惠。
Baker also said MSG Rangers should benefit from the spinout, pointing to potential tax benefits.
他写道：“游骑兵从尼克斯分拆出来，提供了更大的灵活性和选择权，以释放更多价值（可能是直接出售或出售少数股权）。”
"The split of the Rangers from the Knicks provides increased flexibility and optionality to unlock further value (potentially outright sell or selling a minority stake)," he wrote.
此外，“从（2028财年）开始即将到来的税法变更（第162m条）为可能探索战略行动提供了令人信服的理由。”
In addition, "the looming tax code change (Section 162m) starting in [fiscal year 2028] provides a compelling reason to potentially explore strategic action."