Morgan Stanley Maintains Overweight on DraftKings, Raises Price Target to $31
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Stephen Grambling maintains an Overweight rating on DraftKings (NASDAQ:DKNG) and raises the price target from $25 to $31.
June 16, 2023 | 12:58 pm
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Morgan Stanley maintains an Overweight rating on DraftKings and raises the price target from $25 to $31.
The news of Morgan Stanley maintaining an Overweight rating on DraftKings and raising the price target from $25 to $31 indicates a positive outlook for the company. This could lead to increased investor confidence and a potential short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100