Citigroup Maintains Buy on DraftKings, Raises Price Target to $41
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Jason Bazinet has maintained a 'Buy' rating on DraftKings (NASDAQ:DKNG) and raised the price target from $30 to $41.
August 09, 2023 | 11:39 am
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Citigroup's raised price target for DraftKings could lead to increased investor confidence and potential short-term price increase.
Analyst ratings and price targets can significantly influence investor sentiment. The raised price target by Citigroup indicates a positive outlook for DraftKings, which could lead to increased buying pressure and a potential short-term price increase.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 100