Rosenblatt has a buy rating on the stock.
The Atlanta Braves ' new stock is a home-run idea, according to Rosenblatt. Analyst Barton Crocket upped his price target by $7 to $49, with the new estimate implying an upside of 36.6% over Tuesday's close. Crockett also reiterated his buy rating on the shares, which were recently spun-off from Liberty Media. "Liberty Braves shares have notched some runs batted in this year," Crockett said.
mountain The K share's performance — CNBC's Michael Bloom contributed to this report
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