Wells Fargo lowered the firm’s price target on Genius Sports (GENI) to $9 from $10 and keeps an Overweight rating on the shares. The firm notes the company pre-reported Q4 and 2026 guidance and, as expected, not much was learned from the print. To avoid consensus confusion, Wells removes the Legend numbers from its model until deal close, which should be in the coming months.
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Read More on GENI:
- Genius Sports price target lowered to $13 from $15 at Truist
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- Genius Sports reports Q4 EPS (8c) vs. (12c) last year
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