Susquehanna Maintains Positive on DraftKings, Lowers Price Target to $37
Portfolio Pulse from Benzinga Newsdesk
Susquehanna analyst Joseph Stauff maintains a positive outlook on DraftKings (NASDAQ:DKNG), but has lowered the price target from $40 to $37.
November 03, 2023 | 2:08 pm
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DraftKings' price target has been lowered from $40 to $37 by Susquehanna analyst Joseph Stauff, despite maintaining a positive outlook.
The lowering of the price target by a respected analyst could lead to a short-term negative impact on DraftKings' stock price. However, the maintained positive outlook might mitigate this impact to some extent.
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