Gambling.com price target raised to $14 from $12 at Craig-Hallum

Craig-Hallum analyst Ryan Sigdahl raised the firm’s price target on Gambling.com to $14 from $12 and keeps a Buy rating on the shares. After Google’s “Inappropriate Content Policy” changes in April increased near-term business uncertainty, the company once again showed its operational prowess by quickly and effectively responding which was evident in outperformance from its owned assets subsequently, the analyst tells investors in a research note. The firm reminds investors that customer interest in online gambling has never been higher.