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Inspired Entertainment transferred with Buy rating at B. Riley

B. Riley keeps a Buy rating on Inspired Entertainment (INSE) with a $13 price target following a transfer of coverage. Content creation is one of Inspired’s core competencies, and the company leverages an integrated-channel approach across its product portfolio with highly synergistic land-based and digital operations, the analyst tells investors in a research note. The firm says the company’s diversified business model provides stability and multiple growth avenues.

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