Needham Maintains Buy on DraftKings, Raises Price Target to $60
Portfolio Pulse from Benzinga Newsdesk
Needham analyst Bernie McTernan maintains a Buy rating on DraftKings (NASDAQ:DKNG) and raises the price target from $58 to $60.
May 06, 2024 | 11:19 am
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Needham analyst Bernie McTernan maintains a Buy rating on DraftKings and raises the price target from $58 to $60.
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