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Craig-Hallum Sticks to Their Hold Rating for StubHub Holdings Incorporation Class A (STUB)

Tipranks - Tipranks - Wed Mar 4, 1:10AM CST

In a report released yesterday, Ryan Sigdahl from Craig-Hallum maintained a Hold rating on StubHub Holdings Incorporation Class A. The company’s shares closed yesterday at $9.86.

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According to TipRanks, Sigdahl is a 4-star analyst with an average return of 6.5% and a 41.03% success rate. Sigdahl covers the Consumer Cyclical sector, focusing on stocks such as DraftKings, Asbury, and Full House Resorts.

StubHub Holdings Incorporation Class A has an analyst consensus of Hold, with a price target consensus of $15.80, which is a 60.24% upside from current levels. In a report released on February 24, Guggenheim also maintained a Hold rating on the stock with a $9.00 price target.

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Based on StubHub Holdings Incorporation Class A’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $468.11 million and a GAAP net loss of $1.29 billion. In comparison, last year the company earned a revenue of $433.78 million and had a GAAP net loss of $33.01 million

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