Jul. 1 at 10:34 AM
$SRAD Sportradar initiated with a Buy at Truist06:33 Read Less SRAD Truist initiated coverage of Sportradar with a Buy rating and
$33 price target. Sportradar, as the largest B2B partner for the sports betting industry, has become "increasingly important" to customers that include operators, leagues and media, says the analyst, who sees upside to 2027 financial targets through higher market growth and new state legalization, in-play mix, and development of new revenue drivers.
