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ESports Entertainment Group (GMBL) PT Lowered to $4 at Benchmark

February 23, 2022 3:52 PM EST

Benchmark analyst Mike Hickey lowered the price target on ESports Entertainment Group (NASDAQ: GMBL) to $4.00 (from $20.00) while maintaining a Speculative Buy rating.

The analyst commented, "GMBL delivered disappointing F2Q22 financial results and meaningfully reduced FY22 revenue guidance. Operational developments impacting... More