Sportradar Group AG (NASDAQ: SRAD) is one of the 12 tech stocks with the biggest upside potential. JPMorgan lowered the price target from $35 to $30 with a Buy rating, offering a further 64.84% upside. The firm revised price targets across the gaming sector based on fourth-quarter earnings preview.
JPMorgan suggests a selective approach within the gaming space due to considerable negativity. It highlighted the digital segment as the most attractive investment opportunity for earnings growth. Stifel Nicolaus initiated coverage of Sportradar with a Buy rating and a price target of $28, citing its potential in online sports betting.
Sportradar Group AG (NASDAQ: SRAD) provides sports data services for sports betting and media industries globally. Founded in 2001, based in Switzerland, it operates across various regions. While SRAD shows investment potential, some AI stocks may offer greater upside with less downside risk, especially in the current economic climate.
For those seeking an undervalued AI stock with potential under Trump-era tariffs, consider exploring other investment options. Check out our free report on the best short-term AI stock for more insights. Disclosure: None. Originally published at Insider Monkey.
Read more at Yahoo Finance: Is Sportradar Group (SRAD) A Picks and Shovel Play For Sports Betting?
