DraftKings shares are trading lower after Oppenheimer maintained an Outperform rating on the stock but lowered its price target from $60 to $58.
Portfolio Pulse from Benzinga Newsdesk
DraftKings shares are trading lower after Oppenheimer maintained an Outperform rating on the stock but lowered its price target from $60 to $58.

July 01, 2024 | 2:19 pm
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DraftKings shares are trading lower after Oppenheimer maintained an Outperform rating on the stock but lowered its price target from $60 to $58.
The reduction in the price target from $60 to $58 by Oppenheimer, despite maintaining an Outperform rating, suggests a slightly less optimistic outlook for DraftKings. This has led to a short-term decline in the stock price.
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