In-Depth Examination Of 28 Analyst Recommendations For DraftKings
Portfolio Pulse from Benzinga Insights
DraftKings (NASDAQ:DKNG) has received mixed analyst ratings over the past three months, with a majority being bullish. The average 12-month price target is $51.96, slightly down from previous estimates. DraftKings shows strong financial health with impressive revenue growth and efficient cost management.
September 03, 2024 | 12:00 pm
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DraftKings has received a mix of bullish and somewhat bullish ratings from analysts, with a slight decrease in the average price target. The company's strong financial performance, including a 26.23% revenue growth, supports a positive outlook.
The majority of analysts have a bullish outlook on DraftKings, with 16 out of 28 ratings being bullish. Despite a slight decrease in the average price target, the company's strong financial performance, including a 26.23% revenue growth and efficient cost management, suggests a positive short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100