Benchmark Maintains Buy on DraftKings, Raises Price Target to $37
Portfolio Pulse from jenniferd'souza@benzinga.com
Benchmark analyst Mike Hickey maintains a Buy rating on DraftKings (NASDAQ:DKNG) and raises the price target from $32 to $37.
August 04, 2023 | 4:16 pm
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POSITIVE IMPACT
Benchmark analyst Mike Hickey maintains a Buy rating on DraftKings and raises the price target from $32 to $37.
The news of a maintained Buy rating and an increased price target by a Benchmark analyst is likely to have a positive impact on DraftKings' stock in the short term. Investors may see this as a sign of confidence in the company's future performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100