Craig-Hallum upgraded Rush Street Interactive to Buy from Hold with a price target of $8, up from $7. The firm sees opportunity in the recent stock selloff and notes that its checks point to strong trends continuing in 2024. Rush Street has now optimized its U.S. markets, focused resources in fast-growing and emerging Latin American markets and is efficiently managing expenses, the analyst tells investors.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on RSI:
- Rush Street Interactive announces renewal of agreement with Mike Francesa
- Broadcast Legend Mike Francesa Renews Exclusive Partnership With BetRivers
- Bet On It: Bragg Gaming CFO to resign
- Rush Street Interactive appoints Brian Sapp as CMO
- Rush Street Interactive Appoints Brian Sapp as Chief Marketing Officer
