J.P. Morgan analyst Samuel Nielsen reiterated the Overweight rating on Sportradar Group AG (NASDAQ:SRAD) on Wednesday, raising the price forecast to $27 from $26. The analyst highlights that Sportradar is effectively using its scale, data, and technology capabilities to enhance its products and services, which, in turn, helps increase pricing power and take rates. Nielsen is optimistic about the company’s ability to leverage sports data rights to innovate products and increase pricing power, parRead More
Sportradar’s Bets Big On Sports Data, Analyst Says Company Has Favorable Setup
