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Roth MKM Sticks to Its Buy Rating for Sportradar Group AG (SRAD)

Tipranks - Tipranks - Fri Feb 20, 11:48PM CST

Roth MKM analyst Eric Handler maintained a Buy rating on Sportradar Group AG today and set a price target of $25.00.

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Handler covers the Communication Services sector, focusing on stocks such as Genius Sports Limited, Live Nation Entertainment, and Take-Two. According to TipRanks, Handler has an average return of 12.5% and a 60.69% success rate on recommended stocks.

In addition to Roth MKM, Sportradar Group AG also received a Buy from TipRanks – Google’s Google Software – Application in a report issued on February 15. However, on the same day, TipRanks – OpenAI reiterated a Hold rating on Sportradar Group AG (NASDAQ: SRAD).

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Based on Sportradar Group AG’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $292.05 million and a net profit of $22.47 million. In comparison, last year the company earned a revenue of $255.17 million and had a net profit of $37.26 million

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