BTIG Maintains Buy on DraftKings, Raises Price Target to $55
Portfolio Pulse from Benzinga Newsdesk
BTIG analyst Clark Lampen maintains a Buy rating on DraftKings (NASDAQ:DKNG) and raises the price target from $53 to $55.
May 06, 2024 | 11:39 am
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BTIG analyst Clark Lampen maintains a Buy rating on DraftKings and raises the price target from $53 to $55.
The increase in price target by BTIG, accompanied by a maintained Buy rating, suggests a positive outlook on DraftKings' stock performance in the short term. This analyst endorsement can lead to increased investor confidence and potentially drive the stock price up.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100