Truist Securities Reiterates Hold on DraftKings, Maintains $26 Price Target
Portfolio Pulse from richadhand@benzinga.com
Truist Securities analyst Barry Jonas reiterated a Hold rating on DraftKings (NASDAQ:DKNG) and maintained a $26 price target.

June 27, 2023 | 12:59 pm
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Truist Securities analyst Barry Jonas reiterated a Hold rating on DraftKings and maintained a $26 price target.
The news is directly related to DraftKings as the analyst from Truist Securities reiterated a Hold rating and maintained a $26 price target. This indicates that the analyst believes the stock is fairly valued and does not expect significant short-term price movement. As a result, the short-term impact on the stock price is neutral.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100