---
title: "This Sphere Entertainment Analyst Begins Coverage On A Bullish Note; Here Are Top 5 Initiations For Thursday"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/296487962.md"
description: "Top Wall Street analysts initiated coverage on five stocks: Piper Sandler rated Sphere Entertainment (SPHR) Overweight with an $185 target; Baird rated Covenant Logistics (CVLG) Outperform with a $50 target; Cantor Fitzgerald rated Milestone Pharmaceuticals (MIST) Overweight with a $3 target; Piper Sandler rated Madison Square Garden Entertainment (MSGE) Neutral with an $86 target; and B. Riley Securities rated Alpha Cognition (ACOG) Buy with a $21 target."
datetime: "2026-08-20T11:51:49.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/296487962.md)
  - [en](https://longbridge.com/en/news/296487962.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/296487962.md)
generator: "portal-rs"
---

# This Sphere Entertainment Analyst Begins Coverage On A Bullish Note; Here Are Top 5 Initiations For Thursday

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades, downgrades and initiations, please see our analyst ratings page.

-   Piper Sandler analyst James Callahan initiated coverage on **Sphere Entertainment Co** (NYSE:SPHR) with an Overweight rating and announced a price target of $185. Sphere Entertainment closed at $159.79 on Wednesday. See how other analysts view this stock.
-   Baird analyst Daniel Moore initiated coverage on **Covenant Logistics Group Inc** (NYSE:CVLG) with an Outperform rating and announced a price target of $50. Covenant Logistics shares closed at $34.25 on Wednesday. See how other analysts view this stock.
-   Cantor Fitzgerald analyst Olivia Brayer Saunders initiated coverage on **Milestone Pharmaceuticals Inc** (NASDAQ:MIST) with an Overweight rating and announced a price target of $3. Milestone Pharmaceuticals closed at $1.08 on Wednesday. See how other analysts view this stock.
-   Piper Sandler analyst James Callahan initiated coverage on **Madison Square Garden Entertainment Corp** (NYSE:MSGE) with a Neutral rating and announced a price target of $86. Madison Square Garden shares closed at $82.43 on Wednesday. See how other analysts view this stock.
-   B. Riley Securities analyst William Woods initiated coverage on **Alpha Cognition Inc** (NASDAQ:ACOG) with a Buy rating and announced a price target of $21. Alpha Cognition closed at $8.89 on Wednesday. See how other analysts view this stock.

Considering buying SPHR stock? Here’s what analysts think:

*Photo via Shutterstock*

### Related Stocks

- [MIST.US](https://longbridge.com/en/quote/MIST.US.md)
- [CVLG.US](https://longbridge.com/en/quote/CVLG.US.md)
- [ACOG.US](https://longbridge.com/en/quote/ACOG.US.md)
- [MSGE.US](https://longbridge.com/en/quote/MSGE.US.md)
- [SPHR.US](https://longbridge.com/en/quote/SPHR.US.md)

## Related News & Research

- [HC Wainwright Forecasts Strong Price Appreciation for Alpha Cognition (NASDAQ:ACOG) Stock](https://longbridge.com/en/news/296131004.md)
- [Milestone Pharmaceuticals enrolls first patient in Phase 3 ReVeRA-301 trial of etripamil nasal spray for AFib-RVR](https://longbridge.com/en/news/296615047.md)
- [WEBTOON Entertainment (WBTN) Faces A Valuation Test After Weak Results And Modest Outlook](https://longbridge.com/en/news/296681627.md)
- [Stonegate Capital Partners Updates Coverage on Alpha Cognition Inc. (ACOG) 2Q26 | ACOG Stock News](https://longbridge.com/en/news/296122794.md)
- [BlackRock Inc. Buys New Position in Caesars Entertainment, Inc. $CZR](https://longbridge.com/en/news/296694574.md)

---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**