Morgan Stanley Maintains Equal-Weight on Sportradar Gr, Raises Price Target to $12.5
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Connor Lynagh has maintained an Equal-Weight rating on Sportradar Gr (NASDAQ:SRAD) and raised the price target from $11.5 to $12.5.
July 14, 2023 | 3:13 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Sportradar Gr's price target has been raised by Morgan Stanley from $11.5 to $12.5, while maintaining an Equal-Weight rating.
The increase in price target by a reputable financial institution like Morgan Stanley indicates a positive outlook for Sportradar Gr. This could potentially attract more investors, driving the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100