BofA analyst Shaun Kelley lowered the firm’s price target on Sportradar (SRAD) to $25 from $31 and keeps a Buy rating on the shares. The firm lowered its 2026 EBITDA estimate by 1% following the company’s Q4 report and lowered its multiple to reflect a market re-rating.
Claim 55% 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 SRAD:
- Sportradar price target lowered to $24 from $32 at BTIG
- Sportradar price target lowered to $24 from $35 at Goldman Sachs
- Sportradar price target lowered to $26 from $30 at JPMorgan
- Sportradar price target lowered to $24 from $26 at Wells Fargo
- Resilient Growth, Emerging Upside Levers, and Attractive Valuation Support Buy Rating and $24 Target