Morgan Stanley Maintains Overweight on DraftKings, Raises Price Target to $48
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Stephen Grambling maintains an Overweight rating on DraftKings and raises the price target from $47 to $48.
October 22, 2024 | 5:40 pm
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Morgan Stanley analyst Stephen Grambling has maintained an Overweight rating on DraftKings and increased the price target from $47 to $48, indicating a positive outlook.
The increase in price target from $47 to $48 by a reputable analyst at Morgan Stanley 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