B. Riley raised the firm’s price target on Genius Sports (GENI) to $13 from $12 and keeps a Buy rating on the shares following the Q1 report. The company’s strategic momentum remains intact, the analyst tells investors in a research note. The firm says the Genius investment thesis is unchanged, if not strengthening, post the earnings print.
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Read More on GENI:
- Genius Sports Reports Strong Q1 Growth and Strategic Initiatives
- Genius Sports Earnings Call Highlights Growth and Optimism
- Genius Sports price target lowered to $12 from $12.50 at Goldman Sachs
- Genius Sports backs FY25 revenue view $620M, consensus $619.94M
- Genius Sports announces $100M share repurchase program
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