In-Depth Examination Of 33 Analyst Recommendations For DraftKings
Portfolio Pulse from Benzinga Insights
In the past three months, 33 analysts have provided ratings for DraftKings (NASDAQ:DKNG), with a majority being bullish. The average 12-month price target is $51.7, slightly down from $53.12. Analysts have adjusted their ratings and price targets based on market conditions and company performance. DraftKings shows strong financial performance with significant revenue growth, impressive net margin, and effective debt management.
October 14, 2024 | 5:00 pm
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POSITIVE IMPACT
DraftKings has received predominantly bullish ratings from analysts, with an average price target of $51.7. The company's strong financial performance, including a 26.23% revenue growth rate and impressive net margin, supports positive sentiment.
The majority of analysts have given DraftKings a bullish rating, indicating positive sentiment. The average price target, although slightly decreased, remains high. DraftKings' strong financial metrics, such as revenue growth and net margin, further support a positive outlook.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100