Wells Fargo Maintains Overweight on DraftKings, Lowers Price Target to $53
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Daniel Politzer maintains an Overweight rating on DraftKings (NASDAQ:DKNG) but lowers the price target from $54 to $53.
June 25, 2024 | 1:47 pm
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Wells Fargo analyst Daniel Politzer maintains an Overweight rating on DraftKings but lowers the price target from $54 to $53.
The Overweight rating suggests a positive outlook, 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
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