Stifel Reiterates Buy on DraftKings, Lowers Price Target to $48
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst Jeffrey Stantial has reiterated a Buy rating on DraftKings (NASDAQ:DKNG) but lowered the price target from $50 to $48.
August 05, 2024 | 1:17 pm
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Stifel analyst Jeffrey Stantial has reiterated a Buy rating on DraftKings but lowered the price target from $50 to $48.
The reiteration of the Buy rating is positive, but the slight reduction in the price target may temper investor enthusiasm. Overall, the impact is neutral as the Buy rating remains unchanged.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100