Jefferies raised the firm’s price target on Sportradar (SRAD) to $23 from $17 and keeps a Buy rating on the shares. The firm believes the U.S. digital gaming names are “hard to ignore” based on continued top line growth and expanding profits and free cash flow, the analyst tells investors. Unprecedented near-term operator earnings volatility “does not alter the long-term opportunity” evident in the firm’s updated 2025 and 2026 estimates for the group, the analyst added.
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