JP Morgan Maintains Overweight on DraftKings, Maintains $55 Price Target
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Joseph Greff maintains an Overweight rating on DraftKings (NASDAQ:DKNG) with a $55 price target, indicating a positive outlook on the company's stock.
March 28, 2024 | 7:12 pm
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JP Morgan analyst Joseph Greff maintains an Overweight rating on DraftKings with a $55 price target, suggesting confidence in the company's future performance.
The maintenance of an Overweight rating and a $55 price target by a reputable analyst like Joseph Greff from JP Morgan suggests a strong belief in DraftKings' potential for growth and profitability. This endorsement is likely to instill confidence in investors, potentially driving up the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100