Needham raised the firm’s price target on Rush Street Interactive (RSI) to $23 from $21 and keeps a Buy rating on the shares. Prediction markets are the focus of the online sports betting industry, OSB, currently, but Rush Street is primarily an iGaming focused operator and should have competitive exposure, also benefiting from expanding OSB/iGaming regulation, the analyst tells investors in a research note.
Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on RSI:
- Rush Street Interactive price target raised to $27 from $26 at Jefferies
- Rush Street Interactive: Strong North American Growth and Raised Price Target Amid Positive Outlook
- Rush Street Interactive Reports Strong Q3 2025 Growth
- Rush Street Interactive reports Q3 EPS 6c, consensus 7c
- Rush Street Interactive sees FY25 revenue $1.1B-$1.12B, consensus $1.1B