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Sportradar price target raised to $25 from $24 at Morgan Stanley

Morgan Stanley raised the firm’s price target on Sportradar (SRAD) to $25 from $24 and keeps an Equal Weight rating on the shares. Q1 demand trends have improved, but data is mixed by sub-segment, the analyst tells investors in a preview for the casino gaming group. The firm expects few misses and for most companies to stay relatively conservative with outlooks, the analyst added.

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