UBS Upgrades DraftKings to Buy, Raises Price Target to $30
Portfolio Pulse from richadhand@benzinga.com
UBS analyst Robin Farley upgrades DraftKings (NASDAQ:DKNG) from Neutral to Buy and raises the price target from $19 to $30.
May 22, 2023 | 9:09 am
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
UBS upgrades DraftKings to Buy and raises price target to $30.
The upgrade from Neutral to Buy and the increase in price target from $19 to $30 by UBS analyst Robin Farley indicate a positive outlook for DraftKings. This news is likely to have a positive short-term impact on the stock price as investors may see this as a sign of confidence in the company's future performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100