Sportradar Reports Strong Growth In First Quarter 2022

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Sportradar Group AG (SRAD) PT Lowered to $15 at Benchmark, 'Solid Quarter'

May 19, 2022 6:30 AM EDT

Benchmark analyst Mike Hickey lowered the price target on Sportradar Group AG (NASDAQ: SRAD) to $15.00 (from $30.00) while maintaining a Buy rating.

The analyst comments "SRAD delivered better than expected F1Q22 financial results, exceeding consensus view on both revenue and AEBITDA, with... More