Needham Reiterates Buy on DraftKings, Maintains $60 Price Target
Portfolio Pulse from Benzinga Newsdesk
Needham analyst Bernie McTernan has reiterated a Buy rating on DraftKings (NASDAQ:DKNG) and maintained a $60 price target.
May 28, 2024 | 10:17 am
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Needham analyst Bernie McTernan has reiterated a Buy rating on DraftKings and maintained a $60 price target, indicating continued confidence in the company's growth prospects.
The reiteration of a Buy rating and the maintenance of a $60 price target by a reputable analyst suggests positive sentiment and confidence in DraftKings' future performance. This is likely to have a positive short-term impact on the stock price.
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