Rush Street Interactive (RSI) Receives a New Rating from JMP Securities

In a report released today, Devin Ryan from JMP Securities initiated coverage with a Buy rating on Rush Street Interactive (RSIResearch Report) and a price target of $12.00. The company’s shares closed last Monday at $4.84, close to its 52-week low of $4.06.

According to, Ryan is a 5-star analyst with an average return of 12.0% and a 52.6% success rate. Ryan covers the Financial sector, focusing on stocks such as Sixth Street Specialty Lending, Oaktree Specialty Lending, and Pennantpark Floating Rate.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Rush Street Interactive with a $11.33 average price target.

See Insiders’ Hot Stocks on TipRanks >>

The company has a one-year high of $21.83 and a one-year low of $4.06. Currently, Rush Street Interactive has an average volume of 1.22M.

Based on the recent corporate insider activity of 12 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of RSI in relation to earlier this year.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Rush Street Interactive is an online gaming company. It offers online casino and sports betting under and brands in the U.S. and brand in Colombia.

Read More on RSI:

Tired of arriving late to the Big Returns Party?​
Most investors don’t have major gainers like TSLA or NVDA on their radar from the start.
The profusion of opinions on social media and financial blogs makes it impossible to distinguish between real growth potential and pure hype.
​​For the past decade, we have developed and perfected technology designed to help private investors, just like you, find the best opportunities, with the greatest upside potential, in any financial climate.​
Learn More