Sep. 3 at 10:05 AM
$SRAD Sportradar price target raised to
$36 from
$30 at Citizens JMP 05:46 SRAD Citizens JMP raised the firm's price target on Sportradar to
$36 from
$30 and keeps an Outperform rating on the shares. Internal technology platforms are continuously improving, and despite the noise during the prior two NFL seasons, companies are in a position for "higher highs," a positive backdrop for football season, the analyst tells investors in a research note. Meanwhile, improved offerings, like player props, additional markets, and operational improvements, are protecting gaming margins to the downside more than ever, the firm adds.
