Where Rush Street Interactive Stands With Analysts
Portfolio Pulse from Benzinga Insights
Rush Street Interactive (NYSE:RSI) has received a range of analyst ratings over the past three months, with 7 analysts providing insights. The average 12-month price target has increased to $9.57, reflecting a 15.44% rise from the previous target. Analysts have predominantly raised their ratings and price targets, indicating a positive outlook. Despite strong revenue growth, the company faces challenges in profitability and financial performance metrics.
July 16, 2024 | 2:01 pm
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POSITIVE IMPACT
Rush Street Interactive has seen a positive shift in analyst ratings, with the average 12-month price target increasing by 15.44% to $9.57. Analysts have predominantly raised their ratings and price targets, indicating a positive outlook. However, the company faces challenges in profitability and financial performance metrics despite strong revenue growth.
The increase in the average price target and the predominantly positive ratings from analysts suggest a bullish short-term outlook for RSI. However, the company's challenges in profitability and financial performance metrics may temper some of the optimism.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100