Wells Fargo Maintains Overweight on DraftKings, Raises Price Target to $52
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Daniel Politzer has maintained an Overweight rating on DraftKings and raised the price target from $47 to $52.
October 17, 2024 | 5:27 pm
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Wells Fargo has reaffirmed its positive outlook on DraftKings by maintaining an Overweight rating and increasing the price target to $52, indicating confidence in the company's future performance.
The increase in price target from $47 to $52 by Wells Fargo suggests a positive outlook on DraftKings' future performance. This is likely to boost investor confidence and could lead to a short-term increase in stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100