Stifel Maintains Buy on DraftKings, Raises Price Target to $51
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst Jeffrey Stantial maintains a Buy rating on DraftKings (NASDAQ:DKNG) and raises the price target from $50 to $51.
May 06, 2024 | 5:43 pm
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Stifel analyst Jeffrey Stantial has maintained a Buy rating on DraftKings and increased the price target from $50 to $51.
The increase in price target by a reputable analyst like Jeffrey Stantial signals 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