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Super Group upgraded to Outperform from Perform at Oppenheimer
The Fly

Super Group upgraded to Outperform from Perform at Oppenheimer

Oppenheimer upgraded Super Group (SGHC) to Outperform from Perform with a $6 price target The firm sees Super Group’s “solid execution” in the key regions of Africa, Europe and Canada generating a more consistent earnings profile, evident by management raising its 2024 core EBITDA guidance by 15%. It expects potential upside from the company expanding the Spin brand into additional markets.

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