The Globe and Mail reports in its Wednesday edition that Canaccord Genuity analyst Matthew Lee gave his share target for Bragg Gaming Group a 50-cent trim to $13. Analysts on average target the shares at $11.35. Mr. Lee says in a note: "Bragg reported Q3 results with revenue below our forecast but EBITDA higher than expected. Our key takeaway was the company's official extension of its BetCity contract to late 2025. While the new contract has slightly worse economics, we believe it was paramount that the firm locked up one of its most important clients. In our view, this gives Bragg Gaming revenue visibility going forward and substantially derisks the story. Along with the quarter, management reiterated guidance, which we believe could be conservative given that it implies a somewhat pedestrian fourth quarter. For F24, we have lowered our growth estimates slightly as the trimmed scope of the BetCity contract creates a revenue headwind. Nevertheless, we expect solid 8-per-cent growth with margins expanding on improving mix." The Globe reported on March 23 that Mr. Lee had reiterated his "buy" rating for Bragg Gaming. Mr. Lee bumped his share target to $13.50 from $12.50. Bragg shares were then worth $5.21.