JP Morgan Maintains Overweight on DraftKings, Raises Price Target to $54
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Joseph Greff maintains an Overweight rating on DraftKings and raises the price target from $48 to $54.
September 26, 2024 | 3:40 pm
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POSITIVE IMPACT
JP Morgan analyst Joseph Greff has maintained an Overweight rating on DraftKings and increased the price target from $48 to $54, indicating a positive outlook on the stock.
The increase in price target from $48 to $54 by a reputable analyst at JP Morgan suggests a positive outlook for DraftKings. 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