JP Morgan Maintains Overweight on Sportradar Gr, Lowers Price Target to $12
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst David Karnovsky has maintained an Overweight rating on Sportradar Gr (NASDAQ:SRAD), but lowered the price target from $14 to $12.
November 02, 2023 | 9:57 pm
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JP Morgan has maintained an Overweight rating on Sportradar Gr, but lowered the price target from $14 to $12.
The news is directly related to Sportradar Gr (SRAD). While the Overweight rating indicates a positive outlook, the lowering of the price target may have a neutral to slightly negative impact on the stock in the short term as it suggests a lower future valuation.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100