Canaccord raised the firm’s price target on Sportradar (SRAD) to $30 from $28 and keeps a Buy rating on the shares. The firm said they reported strong Q4 results, with effective upselling of existing customers into new products and announcing they extended its partnership with MLB, locking up an expanded set of official data and content thru 2032, and Sportradar is further enhancing the breadth & depth of its rights portfolio with the acquisition of IMG ARENA.
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