Morgan Stanley Maintains Overweight on DraftKings, Raises Price Target to $35
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Stephen Grambling maintains an Overweight rating on DraftKings (NASDAQ:DKNG) and raises the price target from $32 to $35.
August 08, 2023 | 1:54 pm
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Morgan Stanley maintains an Overweight rating on DraftKings and raises the price target from $32 to $35, indicating a positive outlook for the stock.
The raised price target by Morgan Stanley 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