Rush Street Interactive Reaches Analyst Target Price
May 06, 2024 at 07:12 AM EDT
In recent trading, shares of Rush Street Interactive Inc (RSI) have crossed above the average analyst 12-month target price of $7.80, changing hands for $7.86/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuation, or, re-adjust their target price to a higher level..