Susquehanna Maintains Positive on DraftKings, Lowers Price Target to $47
Portfolio Pulse from Benzinga Newsdesk
Susquehanna analyst Joseph Stauff maintains a Positive rating on DraftKings (NASDAQ:DKNG) but lowers the price target from $49 to $47.
August 01, 2024 | 1:07 pm
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NEUTRAL IMPACT
Susquehanna analyst Joseph Stauff maintains a Positive rating on DraftKings but lowers the price target from $49 to $47.
The maintained Positive rating suggests continued confidence in DraftKings' performance, but the lowered 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
RELEVANCE 100