Where Rush Street Interactive Stands With Analysts
Portfolio Pulse from Benzinga Insights
Rush Street Interactive (NYSE:RSI) has seen varied analyst ratings over the past three months, with a recent shift towards more bullish perspectives. The average 12-month price target for RSI has been raised to $7.71, indicating a 22.58% increase from the previous target. Analysts from firms like Craig-Hallum, Macquarie, and Wells Fargo have adjusted their ratings and price targets, reflecting optimism about the company's performance and market position. Despite this, RSI's financial indicators such as market capitalization, revenue growth, net margin, ROE, and ROA show mixed results, with some metrics below industry averages.

April 19, 2024 | 1:01 pm
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POSITIVE IMPACT
Rush Street Interactive's stock has received more bullish ratings from analysts, with an increased average price target of $7.71, reflecting a positive outlook on the company's future performance.
The increase in bullish ratings and the raised price target suggest analysts see potential in Rush Street Interactive's market strategy and performance. This optimism, reflected in the actions of analysts from reputable firms, could positively influence investor sentiment and drive short-term price movement upwards.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100