Susquehanna Maintains Positive on DraftKings, Raises Price Target to $56
Portfolio Pulse from Benzinga Newsdesk
Susquehanna analyst Joseph Stauff maintains a Positive rating on DraftKings (NASDAQ:DKNG) and raises the price target from $54 to $56.
April 29, 2024 | 11:42 am
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POSITIVE IMPACT
Susquehanna maintains a Positive rating on DraftKings and raises the price target from $54 to $56.
The increase in price target by a reputable analyst firm like Susquehanna signals a strong confidence in DraftKings' future performance. This is likely to be viewed positively by investors, potentially leading to a short-term increase in the stock price as market sentiment around DKNG improves.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100