Deutsche Bank Maintains Hold on DraftKings, Raises Price Target to $24
Portfolio Pulse from Benzinga Newsdesk
Deutsche Bank analyst Carlo Santarelli maintains a Hold rating on DraftKings (NASDAQ:DKNG) and raises the price target from $22 to $24.
July 06, 2023 | 4:19 pm
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NEUTRAL IMPACT
Deutsche Bank maintains a Hold rating on DraftKings and raises the price target from $22 to $24.
The news is directly about DraftKings and is likely to influence investor sentiment. The raised price target indicates a positive outlook, but the Hold rating suggests that the stock is fairly valued at the moment. Therefore, the short-term impact on the stock price is expected to be neutral.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100