B. Riley analyst David Bain raised the firm’s price target on Inspired Entertainment to $27 from $24 and keeps a Buy rating on the shares after meeting with management. The analyst believes Inspired’s Q4 Virtual Sports EBITDA will grow over 50% year-over-year and 20% next year, "though this is before additional channels and product verticals are potentially announced and incorporated into our model, likely in the near term."
Published first on TheFly
See Insiders’ Hot Stocks on TipRanks >>
Read More on INSE:
