Needham Reiterates Buy on DraftKings, Maintains $44 Price Target
Portfolio Pulse from Benzinga Newsdesk
Needham analyst Bernie McTernan has reiterated a 'Buy' rating on DraftKings (NASDAQ:DKNG) and maintained a price target of $44.
September 11, 2023 | 10:22 am
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DraftKings' stock rating has been reiterated as 'Buy' by Needham analyst Bernie McTernan, with a maintained price target of $44.
The reiteration of a 'Buy' rating by a Needham analyst indicates a positive outlook for DraftKings. The maintained price target of $44 suggests that the analyst believes the stock is undervalued at current levels, which could lead to upward pressure on the stock price in the short term.
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