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
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
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