Citizens JMP lowered the firm’s price target on Inspired Entertainment (INSE) to $12 from $13 and keeps an Outperform rating on the shares. Inspired Entertainment missed EBITDA expectations by 5%, though the company is focused on execution and getting the balance sheet in a comfortable position, the analyst tells investors in a research note. The continued growth of the high-margin online business is supporting higher levels of free cash flow vs. prior years, the firm says.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on INSE:
- Inspired Entertainment Reports Strong Start to 2025
- Inspired Entertainment reports Q1 adjusted EPS 13c vs (10c) last year
- Inspired Entertainment price target lowered to $11 from $13 at Truist
- Inspired Entertainment price target lowered to $13 from $14 at Citizens JMP
- Inspired Entertainment transferred with Buy rating at B. Riley