Susquehanna analyst Joseph Stauff raised the firm’s price target on Rush Street Interactive (RSI) to $19 from $15 and keeps a Positive rating on the shares. The firm raised its 2Q revenue/EBITDA estimates due entirely to the firm’s assessment of the company’s domestic results and hope that its Latam results are in-line. In 1Q25, the company’s domestic KPI strength was more than enough to offset the impact of higher taxes in its Latam segment and we expect a similar story for 2Q.
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