Expert Ratings for DraftKings
Portfolio Pulse from Benzinga Insights
DraftKings (NASDAQ:DKNG) has received various analyst ratings in the last quarter, with a majority being bullish. The company has an average price target of $37.5, up by 19.85% from the previous average price target of $31.29. Analysts base their ratings on future earnings predictions and the risk associated with the company's revenue streams.
October 16, 2023 | 12:01 pm
News sentiment analysis
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POSITIVE IMPACT
DraftKings has received mostly bullish ratings from analysts, with an increased average price target. This could potentially boost investor confidence.
The majority of the analyst ratings for DraftKings are bullish, indicating a positive outlook for the company. Additionally, the increase in the average price target suggests that analysts believe the stock has potential for growth, which could attract more investors and potentially drive the stock price up.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100