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Genius Sports shares are trading higher after JP Morgan initiated coverage on the stock with an Overweight rating and announced a $8 price target.

Benzinga Newsdesk
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  1. James Brumley

    Why Genius Sports Shares Jumped Today

    Genius Sports Ltd shares surged nearly 8% after JPMorgan initiated coverage with an 'overweight' rating and $8 price target (26% upside). The investment bank highlighted the company's strong revenue growth and improving profitability. Despite the gain, GENI remains down 50% over the past year, presenting potential value for investors.

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