Expert Ratings for DraftKings
Portfolio Pulse from Benzinga Insights
DraftKings (NASDAQ:DKNG) has received various analyst ratings in the last quarter, with a total of 31 analysts giving an average price target of $28.94, which is lower than the current price of $30.7. The average price target has increased by 15.07% from the previous average of $25.15.
July 14, 2023 | 4:01 pm
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NEGATIVE IMPACT
DraftKings has received mixed analyst ratings, with an average price target of $28.94, which is lower than its current price. This could potentially lead to a decrease in the stock price.
Analyst ratings are a significant factor in influencing investor sentiment and stock price. The average price target given by analysts is lower than the current price of DraftKings, which suggests that they believe the stock is overvalued. This could lead to selling pressure and a potential decrease in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100