tiprankstipranks
Advertisement
Advertisement

Genius Sports price target raised to $16 from $12 at Guggenheim

Guggenheim analyst Curry Baker raised the firm’s price target on Genius Sports (GENI) to $16 from $12 and keeps a Buy rating on the shares after the company reported Q2 revenue and adjusted EBITDA in-line with the firm’s forecasts and raised 2025 guidance. A number of recent announcements and the raised 2025 guidance give the firm “added confidence” in Genius’ mid-to-long term outlook and execution, the analyst tells investors.

Meet Samuel – Your Personal Investing Prophet

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Disclaimer & DisclosureReport an Issue

1