Benchmark Reiterates Buy Rating on Genius Sports Ltd. (GENI)

Benchmark analyst Mike Hickey reiterated a Buy rating and $10.00 price target on Genius Sports Ltd. (NYSE: GENI).

The analyst commented, "Flutter has significantly increased its global TAM expectations, particularly in the U.S., signaling a critical growth opportunity for data and content providers to operators like GENI and SRAD. As the outlook for global sports betting accelerates, this is a compelling time to be a buyer of these companies, in our view. The picks and shovels approach to supporting online gaming operators is becoming even more attractive with this significantly expanding market potential."

For an analyst ratings summary and ratings history on Genius Sports Ltd. click here. For more ratings news on Genius Sports Ltd. click here.

Shares of Genius Sports Ltd. closed at $7.96 yesterday.

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