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

July 05, 2024 | 3:02 pm
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Stifel analyst Jeffrey Stantial maintains a Buy rating on DraftKings with a $50 price target, indicating confidence in the company's future performance.
The reaffirmation of a Buy rating and a $50 price target by a reputable analyst like Jeffrey Stantial from Stifel suggests strong confidence in DraftKings' future performance. This is likely to positively influence investor sentiment and could lead to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100