Guggenheim Maintains Buy on DraftKings, Raises Price Target to $45
Portfolio Pulse from Benzinga Newsdesk
Guggenheim analyst Curry Baker has maintained a Buy rating on DraftKings (NASDAQ:DKNG) and increased the price target from $39 to $45.
November 15, 2023 | 6:59 pm
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Guggenheim analyst Curry Baker maintains a Buy rating on DraftKings and raises the price target to $45, indicating a positive outlook on the stock.
The increase in price target by a reputable analyst typically signals a bullish perspective on the stock, suggesting that the analyst expects the stock to perform well in the short term. This can often lead to increased investor confidence and a potential rise in the stock price.
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