JMP Securities Reiterates Market Outperform on DraftKings, Maintains $52 Price Target
Portfolio Pulse from Benzinga Newsdesk
JMP Securities analyst Jordan Bender has reiterated a 'Market Outperform' rating on DraftKings (NASDAQ:DKNG) and maintained a price target of $52.
March 25, 2024 | 2:01 pm
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DraftKings maintains a 'Market Outperform' rating and a $52 price target from JMP Securities.
The reiteration of a 'Market Outperform' rating and the maintenance of a $52 price target by JMP Securities could positively influence investor sentiment towards DraftKings. This endorsement from a reputable analyst firm may lead to increased investor confidence in the stock, potentially driving its price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100