Susquehanna raised the firm’s price target on Rush Street Interactive (RSI) to $11 from $8.25 and keeps a Neutral rating on the shares. The firm updated its estimates and outlook based on current state data as well as the impact of incremental GGR/quarter of $30m from DE, higher IL-based taxes and its likely negative effect on the company going forward; and updated Latam outlook that now includes additional niche-market of Peru.
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