Needham Reiterates Buy on DraftKings, Maintains $60 Price Target
Portfolio Pulse from Benzinga Newsdesk
Needham analyst Bernie McTernan has reiterated a Buy rating on DraftKings (NASDAQ:DKNG) and maintained a price target of $60.
September 03, 2024 | 10:28 am
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Needham analyst Bernie McTernan has reiterated a Buy rating on DraftKings and maintained a price target of $60, indicating confidence in the company's future performance.
The reiteration of a Buy rating and a $60 price target by Needham suggests a positive outlook for DraftKings. This can boost investor confidence and potentially lead to a short-term increase in stock price.
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