B. Riley analyst Mike Crawford lowered the firm’s price target on Enthusiast Gaming (EGLXF) to C$0.60 from C$0.80 and keeps a Buy rating on the shares following the Q4 report. The firm says Enthusiast has a more attractive revenue profile that can drive sustainable profitability for the business.
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Read More on EGLXF:
- Enthusiast Gaming Reports Improved EBITDA Amid Revenue Decline
- Enthusiast Gaming Achieves Financial Milestones and Subscriber Growth in 2024
- EGLXF Earnings this Week: How Will it Perform?
- Enthusiast Gaming to Release Q4 and Year-End 2024 Results
- Enthusiast Gaming’s Addicting Games Enhances Developer Analytics with ByteBrew Partnership
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