Gambling.com price target raised to $17 from $14 at Stifel

Stifel analyst Jeffrey Stantial raised the firm’s price target on Gambling.com (GAMB) to $17 from $14 and keeps a Buy rating on the shares after the company announced an agreement to acquire Odds Holdings, parent company of OddsJam, a consumer facing, subscription fee platform that offers a variety of betting tools. While “still processing the deal and running industry checks,” the firm’s initial read is “highly constructive” given the belief that the deal aligns cleanly with Gambling’s strategic priorities while “still showing attractive financial accretion,” the analyst tells investors.