---
title: "Rush Street Interactive: Buy Rating Reiterated as Strategic iGaming Position and Expansion Upside Support Unchanged $33 Price Target"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/286458703.md"
description: "Needham analyst Bernie McTernan has reiterated a Buy rating for Rush Street Interactive (RSI) on April 29, maintaining a $33 price target. He cites the company's strong position in U.S. online gambling, low customer acquisition costs, and ongoing product enhancements as key factors. McTernan also notes potential growth from geographic expansion, particularly in Alberta, and improving performance in Latin America. Citizens JMP also supports a Buy rating with a $27 price target."
datetime: "2026-05-14T19:55:14.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/286458703.md)
  - [en](https://longbridge.com/en/news/286458703.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/286458703.md)
---

# Rush Street Interactive: Buy Rating Reiterated as Strategic iGaming Position and Expansion Upside Support Unchanged $33 Price Target

Needham analyst Bernie McTernan has maintained their bullish stance on RSI stock, giving a Buy rating on April 29.

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Bernie McTernan has given his Buy rating due to a combination of factors, starting with Rush Street Interactive’s strong strategic position in U.S. online gambling, where its emphasis on iGaming limits direct competition from prediction-style platforms while customer acquisition costs trend toward record lows. He also highlights that the company’s ongoing product enhancements are building durable competitive advantages, helping drive more than 50% growth in domestic iGaming.

McTernan further points to upcoming geographic expansion, including the planned launch in Alberta and the potential upside from any future liberalization of U.S. iGaming markets, with encouraging early signs in Virginia. In addition, improving performance in Latin America following tax changes, combined with the World Cup’s potential to significantly boost new customer sign-ups, supports his unchanged $33 price target and underpins the favorable risk‑reward profile he sees in RSI shares.

In another report released on April 29, Citizens JMP also maintained a Buy rating on the stock with a $27.00 price target.

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