Enthusiast Gaming rises as Wainwright starts with 'buy'
23/06/2021 14:19
** U.S.-listed shares of Canadian digital media company
EGLX.TO rise 5.3% premarket to $5.60
** H.C.Wainwright starts with "buy", PT of $10; median PT is
$12.0 - Refinitiv data
** "As monetization improves, revenue growth and gross
margin expansion should serve as a meaningful catalyst in
attracting new investors and pushing EGLX shares towards our
$10.00 price target" - Wainwright
** Stock set to move away from early March lows at open and
best day in two weeks
** EGLX down ~50% YTD as of last close
(Reporting by Susan Mathew)
((susan.mathew@thomsonreuters.com))