Benchmark analyst Mike Hickey lowered the firm’s price target on Genius Sports (GENI) to $10 from $16 and keeps a Buy rating on the shares. The company’s reported 2025 results and 2026 standalone guidance reinforce the firm’s view that the core Genius business remains strong, but the firm is revisiting its investment thesis to assess the financial accretion, strategic implications, and evolving risk profile of the business following the announcement of Genius’ acquisition of Legend, the analyst tells investors.
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