Gambling.com resumed with a Buy at B. Riley

B. Riley resumed coverage of Gambling.com with a Buy rating and $14.50 price target. The analyst expects the company’s growth to outpace the online gambling sector. The reasons for the stock’s underperformance are overstated and performance should improve, beginning with Gambling.com’s Q1 earnings report, the analyst tells investors in a research note. The firm believes the Freebets.com acquisition offers upside potential relative to guidance.