If anyone is scratching their head wondering about the price action for $CAT, then one possible source is as follows:

Catapult Group's Acquisition of Sports Tech Firm Provides 'Significant Opportunity' to Sell Existing Platform to New Clients, Jefferies Says

Published on 10/06/2025 at 02:47 am EDT

MT Newswires

Catapult Sports Ltd

(MT Newswires) -- Catapult Group International's (ASX:CAT) acquisition of sports tech company SBG provides Catapult with enhanced video technology to offer its existing client base and presents a "significant opportunity" to sell its existing platform to new clients and markets, according to a Monday note by Jefferies.The firm holds a market-leading position, with high barriers to entry, the analysts noted.

The investment firm set a recommendation of buy for Catapult and raised the price target to AU$8.60 per share from AU$7.10 per share.

My Assessment

Even updating my upper valuation limit for the passage of 4 months, I can only get to $7.00. So Jeffries are well ahead of me.

Disc: Held in RL and SM