DraftKings's Options Frenzy: What You Need to Know
Portfolio Pulse from Benzinga Insights
Investors have shown significant options activity in DraftKings (NASDAQ:DKNG), with a mix of bullish and bearish sentiment. The options trades suggest a targeted price range of $35.0 to $41.0. Analysts maintain positive ratings with a consensus target price of $53.5.
June 28, 2024 | 3:32 pm
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NEUTRAL IMPACT
DraftKings has seen unusual options activity with a mix of bullish and bearish sentiment. Analysts maintain positive ratings with a consensus target price of $53.5.
The mixed sentiment in options activity suggests uncertainty in the short term. However, the positive analyst ratings and target prices indicate a generally optimistic outlook for the stock.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100