JP Morgan Upgrades DraftKings to Neutral, Announces $26 Price Target
Portfolio Pulse from richadhand@benzinga.com
JP Morgan analyst Joseph Greff has upgraded DraftKings (NASDAQ:DKNG) from Underweight to Neutral and announced a $26 price target.
August 09, 2023 | 9:14 am
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POSITIVE IMPACT
DraftKings has been upgraded to Neutral from Underweight by JP Morgan, with a new price target of $26.
The upgrade from JP Morgan is a positive signal for DraftKings. The new price target of $26 indicates a potential upside for the stock. This could lead to increased investor interest and potentially a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100