Jefferies Maintains Buy on DraftKings, Raises Price Target to $54
Portfolio Pulse from Benzinga Newsdesk
Jefferies analyst David Katz maintains a Buy rating on DraftKings (NASDAQ:DKNG) and raises the price target from $52 to $54.
May 06, 2024 | 5:43 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Jefferies analyst David Katz maintains a Buy rating on DraftKings and raises the price target from $52 to $54.
The increase in price target by Jefferies, a reputable financial firm, signals a positive outlook on DraftKings' stock. This endorsement is likely to instill confidence among investors, potentially driving up the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100