UBS Maintains Buy on DraftKings, Raises Price Target to $58
Portfolio Pulse from Benzinga Newsdesk
UBS analyst Robin Farley has maintained a Buy rating on DraftKings and raised the price target from $56 to $58.
September 04, 2024 | 2:09 pm
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UBS analyst Robin Farley has maintained a Buy rating on DraftKings and increased the price target from $56 to $58, indicating a positive outlook.
The increase in price target from $56 to $58 by UBS suggests a positive outlook for DraftKings, likely leading to a short-term increase in stock price as investors react to the analyst's confidence.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100