Needham Reiterates Buy on Rush Street Interactive, Maintains $6 Price Target
Portfolio Pulse from Benzinga Newsdesk
Needham analyst Bernie McTernan has reiterated a Buy rating on Rush Street Interactive (NYSE:RSI) and maintained a $6 price target for the company's stock.
January 17, 2024 | 9:32 am
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Needham analyst Bernie McTernan reiterates a Buy rating on Rush Street Interactive and maintains a $6 price target.
The reiteration of a Buy rating by a reputable analyst typically instills confidence in investors and can lead to a positive short term impact on the stock price. The maintained price target of $6 suggests that the analyst sees potential for the stock to rise to that level, which is also a positive signal to the market.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100