Jefferies lowered the firm’s price target on Gambling.com (GAMB) to $18 from $20 and keeps a Buy rating on the shares. The firm is making no changes to its Q2, FY25, and FY26 estimates for Gambling.com, but is trimming its EV/EBITDA multiple, the analyst tells investors in a Q2 preview for the gambling group. Ahead of earnings, the firm reiterates a “bullish view on the online gaming sector,” the analyst added.
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