Benchmark Maintains Buy on DraftKings, Raises Price Target to $52
Portfolio Pulse from Benzinga Newsdesk
Benchmark analyst Mike Hickey maintains a Buy rating on DraftKings (NASDAQ:DKNG) and raises the price target from $50 to $52.
May 03, 2024 | 3:40 pm
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Benchmark analyst Mike Hickey maintains a Buy rating on DraftKings and raises the price target from $50 to $52.
The increase in price target by a reputable analyst suggests a positive outlook on DraftKings' stock, likely leading to increased investor confidence and potentially driving the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100