JMP Securities Maintains Outperform on DraftKings, Raises Price Target to $39
Portfolio Pulse from Benzinga Newsdesk
JMP Securities analyst Jordan Bender maintains an Outperform rating on DraftKings (NASDAQ:DKNG) and raises the price target from $33 to $39.
August 07, 2023 | 11:10 am
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POSITIVE IMPACT
DraftKings' price target has been raised from $33 to $39 by JMP Securities, maintaining an Outperform rating.
The raised price target and maintained Outperform rating by JMP Securities indicates a positive outlook for DraftKings. This could lead to increased investor confidence and potentially a rise in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100