JMP Securities Maintains Market Outperform on Genius Sports, Raises Price Target to $8
Portfolio Pulse from Benzinga Newsdesk
JMP Securities analyst Jordan Bender maintains a Market Outperform rating on Genius Sports (NYSE:GENI) and raises the price target from $7 to $8.
June 05, 2023 | 10:49 am
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JMP Securities maintains a Market Outperform rating on Genius Sports and raises the price target from $7 to $8.
The news of JMP Securities maintaining a Market Outperform rating and raising the price target for Genius Sports (GENI) from $7 to $8 is positive for the stock. This indicates that the analyst has a positive outlook on the company's performance and expects the stock price to rise in the short term. As a result, this news is likely to have a positive impact on GENI's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100