Wells Fargo Sticks to Their Buy Rating for Rush Street Interactive (RSI)

Wells Fargo analyst Daniel Politzer maintained a Buy rating on Rush Street Interactive (RSI – Research Report) today and set a price target of $8.00. The company’s shares closed last Friday at $6.69.

According to TipRanks, Politzer is a 4-star analyst with an average return of 7.6% and a 55.19% success rate. Politzer covers the Consumer Cyclical sector, focusing on stocks such as Churchill Downs, Hyatt Hotels, and Penn National Gaming.

Currently, the analyst consensus on Rush Street Interactive is a Moderate Buy with an average price target of $8.29.

The company has a one-year high of $7.31 and a one-year low of $2.85. Currently, Rush Street Interactive has an average volume of 1.33M.

Based on the recent corporate insider activity of 30 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of RSI in relation to earlier this year.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Rush Street Interactive (RSI) Company Description:

Rush Street Interactive is an online gaming company. It offers online casino and sports betting under BetRivers.com and PlaySugarHouse.com brands in the U.S. and RushBet.co brand in Colombia.