DraftKings shares are trading higher after Oppenheimer maintained an Outperform rating on the stock and raised its price target from $30 to $36.
Portfolio Pulse from Benzinga Newsdesk
DraftKings shares are trading higher after Oppenheimer maintained an Outperform rating on the stock and raised its price target from $30 to $36.
July 07, 2023 | 2:01 pm
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POSITIVE IMPACT
Oppenheimer has maintained an Outperform rating on DraftKings and raised its price target from $30 to $36, leading to a rise in the company's shares.
The news of Oppenheimer maintaining an Outperform rating and raising its price target for DraftKings has led to a positive market reaction, with shares trading higher. This suggests investor confidence in the company's performance and future prospects, which could continue to drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100