Jefferies is standing by its bullish stance on Rush Street Interactive . The investment firm reiterated the online casino and sports betting company at a buy rating. Analyst David Katz lifted his price target by $1 to $30. Shares of Rush Street have added 6% over the past 12 months but have slipped 13% this year. Katz's revised price forecast implies an upside of 77% from the stock's Tuesday closing price of $16.94. RSI 1Y mountain RSI 1Y chart Rush Street on Tuesday reported a fourth-quarter revenue beat and shared strong full-year earnings guidance that surpassed what analysts polled by FactSet had expected. Katz wrote that the report and guidance show Rush Street is the "easy-to-own name in digital gaming." "We expect the continued upward progression in revenues at mid-high-teens rate and reasonably solid flow-through of more than 1.5X, with the partial offset of outsized G & A growth in 2026. The continued stability of beating and raising expectations compared with peers drives our sustained bullish stance on the shares," he said. Shares rallied more than 15% in the premarket. Katz noted that while his forecasting has generally been more towards the higher end of the guided range, Rush Street's results have consistently outperformed. The analyst noted additional catalysts from the company's earnings call, including newer opportunities in currently untapped markets. "Mgt. continues to monitor predictions markets as an opportunity but has not taken definitive action as of yet," he wrote. "The LATAM opportunity continues to have a high ceiling, notably in Mexico, which still represents a modest portion of the business but is growing at an outsized rate (100% Y/Y for three quarters in a row) with a very large population."
