Oppenheimer Maintains Outperform on DraftKings, Lowers Price Target to $55
Portfolio Pulse from Benzinga Newsdesk
Oppenheimer analyst Jed Kelly maintains an Outperform rating on DraftKings (NASDAQ:DKNG) but lowers the price target from $58 to $55.
August 05, 2024 | 4:06 pm
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Oppenheimer analyst Jed Kelly maintains an Outperform rating on DraftKings but lowers the price target from $58 to $55.
The Outperform rating suggests continued confidence in DraftKings' performance, but the lowered price target indicates a slightly less optimistic outlook. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100