Jefferies lowered the firm’s price target on Gambling.com (GAMB) to $13 from $15 and keeps a Buy rating on the shares as part of a Q3 preview for the online gaming space. The firm remains positive on the group despite negative sentiment from the prediction markets “broad market de-risking.” Jefferies reduced Gambling.com’s fiscal 2026 estimates to account for the company’s new strategy around its affiliate business. However, the OddsHoldings acquisition is a long-term positive, the analyst tells investors in a research note.
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