Morgan Stanley Maintains Equal-Weight on Sportradar Gr, Raises Price Target to $11.5
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Connor Lynagh has maintained an Equal-Weight rating on Sportradar Group (SRAD) and increased the price target from $11 to $11.5.
April 09, 2024 | 5:17 pm
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Morgan Stanley has maintained an Equal-Weight rating on Sportradar Group and raised the price target to $11.5.
The increase in price target by a reputable analyst like Morgan Stanley suggests a positive outlook on Sportradar Group's stock, potentially leading to short-term price appreciation. The Equal-Weight rating indicates a neutral long-term view, but the raised target could attract investor interest in the short term.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 90