BTIG Maintains Buy on DraftKings, Raises Price Target to $31
Portfolio Pulse from Benzinga Newsdesk
BTIG analyst Clark Lampen maintains a Buy rating on DraftKings (NASDAQ:DKNG) and raises the price target from $27 to $31.
June 05, 2023 | 11:30 am
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DraftKings' price target has been raised from $27 to $31 by BTIG analyst Clark Lampen, who maintains a Buy rating on the stock.
The news of BTIG analyst Clark Lampen maintaining a Buy rating on DraftKings and raising the price target from $27 to $31 is positive for the stock. This indicates that the analyst has a bullish outlook on the company's performance, which could lead to an increase in investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100