Guggenheim Maintains Buy on DraftKings, Lowers Price Target to $52
Portfolio Pulse from Benzinga Newsdesk
Guggenheim analyst Curry Baker maintains a Buy rating on DraftKings (NASDAQ:DKNG) but lowers the price target from $53 to $52.
June 26, 2024 | 5:10 pm
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Guggenheim analyst Curry Baker maintains a Buy rating on DraftKings but lowers the price target from $53 to $52.
The maintained Buy rating is positive, but the slight reduction in the price target may indicate some caution. Overall, the impact is neutral as the Buy rating suggests confidence in the stock, while the lowered price target suggests tempered expectations.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100