Stifel Nicolaus Sticks to Its Buy Rating for Gambling.com (GAMB)
Stifel Nicolaus maintains a Buy rating for Gambling.com (GAMB) with a $12.00 price target, despite recent financial losses.Summary
Stifel Nicolaus analyst Jeffrey Stantial reaffirmed a Buy rating on Gambling.com (GAMB) on January 29, establishing a price target of $12.00, while the stock closed at $4.80 on the previous Friday. This reiteration follows a Buy rating from Benchmark Co.’s Mike Hickey on January 20, but contrasts with a Hold rating from TipRanks – OpenAI on January 30. Stantial’s analyst record shows an average return of -3.3% and a 37.18% success rate, covering stocks in the Consumer Cyclical sector. Gambling.com’s latest quarterly report, ending September 30, revealed revenue of $38.98 million and a GAAP net loss of $3.86 million, a shift from the $32.12 million revenue and $8.51 million net profit reported in the same quarter last year.
(Source：Markets Insider)