Genius Sports price target lowered to $13 from $15 at Truist

Truist lowered the firm’s price target on Genius Sports (GENI) to $13 from $15 and keeps a Buy rating on the shares. Genius Sports reported Q4 in line with pre-announced results following the Legends deal, which management described as a structural shift and emphasized as distinct from a typical affiliate model, the analyst tells investors in a research note. With shares still pressured post-announcement, the story remains “show me,” though management pointed to meaningful synergy potential, the firm says.