Needham Reiterates Buy on Genius Sports, Maintains $9 Price Target
Portfolio Pulse from Benzinga Newsdesk
Needham analyst Bernie McTernan reiterates a Buy rating on Genius Sports (NYSE:GENI) and maintains a $9 price target.

March 06, 2024 | 1:40 pm
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Needham analyst Bernie McTernan reiterates a Buy rating on Genius Sports and maintains a $9 price target.
The reiteration of a Buy rating and maintenance of a $9 price target by a reputable analyst like Bernie McTernan could instill confidence in investors, potentially leading to a positive short-term impact on GENI's stock price. Analyst ratings, especially from well-regarded financial institutions like Needham, can significantly influence investor sentiment and stock prices.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100