Jefferies analyst David Katz lowered the firm’s price target on Rush Street Interactive (RSI) to $29 from $30 and keeps a Buy rating on the shares. The firm reduced the company’s estimates modestly to reflect the new 19% gaming revenue tax in Colombia. Its new estimates assume a $14M hit from the tax, with the heaviest impacts in the first half of 2026. However, Rush Street remains the “easiest to own’ in online gaming as Colombia, the World Cup, and solid execution “should all act as tailwinds,” the analyst tells investors in a research note.
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