Wells Fargo analyst Trey Bowers lowered the firm’s price target on Sportradar (SRAD) to $24 from $26 and keeps an Overweight rating on the shares. The firm notes the market reacted negatively to Q4 results, due to lack of upside to the 2026 guide given the recent IMG Acquisition and some benefit from Prediction Markets. Core Growth remains strong at mid-teens and shares appear oversold, Wells argues.
Meet Samuel – Your Personal Investing Prophet
- Start a conversation with TipRanks’ trusted, data-backed investment intelligence
- Ask Samuel about stocks, your portfolio, or the market and get instant, personalized insights in seconds
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on SRAD:
- Resilient Growth, Emerging Upside Levers, and Attractive Valuation Support Buy Rating and $24 Target
- Sportradar price target lowered to $31 from $34 at Citizens
- Sportradar price target lowered to $22 from $30 at Benchmark
- Sportradar Posts Record 2025 Results and Lifts Share Buyback Authorization to $1 Billion
- Sportradar reports Q4 EPS EUR 0.00 vs EUR 0.00 last year