Stifel Maintains Buy on DraftKings, Lowers Price Target to $50
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst Jeffrey Stantial maintains a Buy rating on DraftKings (NASDAQ:DKNG) but lowers the price target from $51 to $50.

May 29, 2024 | 11:20 am
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Stifel analyst Jeffrey Stantial maintains a Buy rating on DraftKings but lowers the price target from $51 to $50.
The Buy rating suggests continued confidence in DraftKings' long-term prospects, but the slight reduction in the price target indicates some caution. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100