Assessing Rush Street Interactive: Insights From 8 Financial Analysts
Portfolio Pulse from Benzinga Insights
Rush Street Interactive (NYSE:RSI) has been analyzed by 8 financial analysts over the past three months, showing a mix of bullish to bearish sentiments. The average 12-month price target for RSI has been raised to $7.25, up 15.26% from the previous target of $6.29. Analysts from firms like Macquarie, Craig-Hallum, and Wells Fargo have adjusted their ratings and price targets, reflecting a positive outlook on RSI's performance. Despite its market capitalization being below industry average and challenges in profitability and asset utilization, RSI shows a positive revenue trend with a growth rate of 14.79% as of September 30, 2023.
March 08, 2024 | 2:00 pm
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Rush Street Interactive's average 12-month price target has been raised to $7.25, reflecting a positive sentiment from analysts. Despite facing challenges in profitability and asset utilization, the company shows promising revenue growth.
The increase in the average 12-month price target for RSI to $7.25, up 15.26% from the previous target, indicates a bullish sentiment among analysts. This optimism is supported by RSI's positive revenue trend, despite its below-average market capitalization and challenges in maintaining profitability and efficiently utilizing assets. The adjustments in ratings and price targets by analysts from reputable firms further underscore the positive outlook on RSI's stock.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100