Rush Street Interactive price target raised to $23 from $22 at Susquehanna

Susquehanna raised the firm’s price target on Rush Street Interactive (RSI) to $23 from $22 and keeps a Positive rating on the shares. The firm believes there’s a favorable risk/ reward trading opportunity in the near-term associated with the Street recognizing this de-risking of its Latam outlook, which negatively impacted shares starting in late-September by about 16% as news of the Colombian President’s effort to make the VAT tax permanent. Now that the Columbian tax overhang has been cleared, they see 2026 as de-risked with a potential re-rating.