2222 GMT - Catapult's bulls at Jefferies see three reasons to believe that the sports-tech provider can maintain its recent share-price outperformance. Listed first in an analyst note to the investment bank's clients is operational leverage emerging from continued penetration of wearable devices. With Catapult having integrated its SBG Sports Software acquisition, the analysts also see a tailwind from the cross-sale of products to more existing clients. Finally, they highlight long-term price increases as products become more entrenched in clients' workflows. Jefferies raises its target price on the stock 39% to A$4.60 and maintains a buy rating. Shares are at A$3.58 ahead of the open. (stuart.condie@wsj.com)
(END) Dow Jones Newswires
March 05, 2025 17:23 ET (22:23 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。