Jefferies raised the firm’s price target on Rush Street Interactive (RSI) to $23 from $18 and keeps a Buy rating on the shares. Following the increase in guidance, the earnings conference call and discussions with management, the firm’s “optimism for the acceleration in the business is increased,” the analyst tells investors.
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Read More on RSI:
- Rush Street Interactive Reports Record Revenue and Growth
- Rush Street Interactive price target raised to $21 from $16 at Oppenheimer
- Optimistic Growth Prospects for Rush Street Interactive: Buy Rating Affirmed by Bernie McTernan
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- Rush Street Interactive reports Q2 diluted EPS 12c, consensus 6c
