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.
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Read More on GENI:
- Genius Sports price target raised to $14 from $13 at B. Riley
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- Genius Sports reports Q2 EPS (21c), consensus (5c)
