Jefferies lowered the firm’s price target on Sportradar (SRAD) to $30 from $32 and keeps a Buy rating on the shares. The firm updated the company’s model post the Q3 report. While the results were “not stellar,” the “muted” growth outlook is “over-compensated” in the shares, the analyst tells investors in a research note. Jefferies views the recent share selloff as a buying opportunity.
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