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.
October 02, 2023 | 11:12 am
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Needham analyst Bernie McTernan has reiterated a 'Buy' rating on DraftKings and maintained a 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 price movement in the short term.
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