Needham Reiterates Buy on Genius Sports, Maintains $9 Price Target
Portfolio Pulse from Benzinga Newsdesk
Needham analyst Bernie McTernan has reiterated a Buy rating on Genius Sports (NYSE:GENI) and maintained a $9 price target for the company's stock.

January 19, 2024 | 9:46 am
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Needham analyst Bernie McTernan has reiterated a Buy rating on Genius Sports and maintained a $9 price target, indicating a positive outlook for the stock.
The reiteration of a Buy rating by a reputable analyst like Bernie McTernan can instill confidence in investors and potentially lead to a positive short term impact on the stock price. The maintenance of a $9 price target suggests that the analyst sees continued upside potential for the stock, which could influence investor sentiment and trading behavior.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100