Macquarie Maintains Outperform on DraftKings, Maintains $50 Price Target
Portfolio Pulse from Benzinga Newsdesk
Macquarie analyst Chad Beynon has reiterated an 'Outperform' rating for DraftKings, maintaining a price target of $50.
August 26, 2024 | 1:57 pm
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Macquarie analyst Chad Beynon has reiterated an 'Outperform' rating for DraftKings, maintaining a price target of $50.
The reaffirmation of an 'Outperform' rating and a $50 price target by Macquarie is a positive signal for investors, suggesting confidence in DraftKings' future performance. This could lead to a short-term positive impact on the stock price as investors may view this as a strong endorsement.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100