Craig-Hallum cuts Rush Street Interactive target 27.5% to $29
The substantial target reduction is a bearish change in analyst expectations, despite the remaining gap between target and share price.
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The substantial target reduction is a bearish change in analyst expectations, despite the remaining gap between target and share price.
What happened, with direct paths to the underlying reporting
Craig-Hallum lowered its RSI price target from $40 to $29. The cut is material, though the new target remains well above the reported $14.17 share price.
Target: $29
Posted price: $14.17
Analyst firm: Craig-Hallum
Analyst: Ryan Sigdahl
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