Craig-Hallum Maintains Buy on DraftKings, Raises Price Target to $40
Portfolio Pulse from Benzinga Newsdesk
Craig-Hallum analyst Ryan Sigdahl maintains a 'Buy' rating on DraftKings (NASDAQ:DKNG) and raises the price target from $35 to $40.
August 07, 2023 | 5:12 pm
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POSITIVE IMPACT
DraftKings' price target has been raised from $35 to $40 by Craig-Hallum, maintaining a 'Buy' rating.
The news of Craig-Hallum maintaining a 'Buy' rating and raising the price target for DraftKings is likely to have a positive impact on the company's stock in the short term. Investors may see this as a sign of confidence in the company's future performance, potentially driving up demand for the stock.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100