Argus Research Maintains Buy on DraftKings, Raises Price Target to $46
Portfolio Pulse from Benzinga Newsdesk
Argus Research analyst John Eade has maintained a Buy rating on DraftKings (NASDAQ:DKNG) and increased the price target from $40 to $46.
November 27, 2023 | 5:44 pm
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Argus Research has reaffirmed a Buy rating on DraftKings and raised the price target from $40 to $46, indicating a positive outlook on the stock.
The increase in price target by a reputable analyst firm like Argus Research typically signals confidence in the company's future performance and can lead to increased investor interest and a potential short-term rise in the stock price.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100