Wells Fargo Upgrades DraftKings to Overweight, Raises Price Target to $37
Portfolio Pulse from richadhand@benzinga.com
Wells Fargo analyst Daniel Politzer has upgraded DraftKings from Equal-Weight to Overweight and raised the price target from $28 to $37.
August 07, 2023 | 9:28 am
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POSITIVE IMPACT
DraftKings has been upgraded by Wells Fargo from Equal-Weight to Overweight, with a raised price target from $28 to $37.
The upgrade from Wells Fargo is a positive signal for DraftKings. The raised price target indicates that the analyst believes the stock has potential for significant growth in the short term. This could lead to increased investor interest and a potential rise in the stock's price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100