Genius Sports price target raised to $13 from $12 at Needham
Needham raised the firm’s price target on Genius Sports (GENI) to $13 from $12 and keeps a Buy rating on the shares. The firm cites the company’s better than expected FY25E guidance, featuring 20% revenue growth and roughly flat incremental margins. The margin guide is also encouraging as Genius Sports faces their renewal for the EPL rights, the firm adds.
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