Benchmark Maintains Buy on DraftKings, Raises Price Target to $44
Portfolio Pulse from Benzinga Newsdesk
Benchmark analyst Mike Hickey has maintained a Buy rating on DraftKings and raised the price target from $41 to $44, indicating confidence in the company's future performance.
August 20, 2024 | 5:16 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Benchmark analyst Mike Hickey has maintained a Buy rating on DraftKings and increased the price target from $41 to $44, suggesting a positive outlook for the company's stock.
The increase in price target from $41 to $44 by Benchmark indicates a positive sentiment towards DraftKings' future performance. This is likely to boost investor confidence and could lead to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100