DraftKings shares are trading higher after B of A Securities upgraded the stock from Neutral to Buy.
Portfolio Pulse from Benzinga Newsdesk
DraftKings' stock has been upgraded from Neutral to Buy by B of A Securities, leading to a rise in its share price.
July 12, 2023 | 11:48 am
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POSITIVE IMPACT
DraftKings' stock has been upgraded by B of A Securities, which has led to an increase in its share price.
The upgrade from B of A Securities is a positive signal for investors, indicating increased confidence in the company's performance. This has led to increased buying activity, driving up the share price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100