JMP Securities analyst Jordan Bender maintained a Buy rating on DraftKings (DKNG – Research Report) today and set a price target of $23.00. The company’s shares closed last Friday at $15.49.
According to TipRanks, Bender is a 4-star analyst with an average return of 6.9% and a 75.00% success rate. Bender covers the Services sector, focusing on stocks such as DraftKings, Golden Entertainment, and Bally’s Corporation.
In addition to JMP Securities, DraftKings also received a Buy from Needham’s Bernie McTernan in a report issued on November 28. However, on November 30, Deutsche Bank maintained a Hold rating on DraftKings (NASDAQ: DKNG).
See today’s best-performing stocks on TipRanks >>
DKNG market cap is currently $13.04B and has a P/E ratio of -4.50.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Diamond Eagle Acquisition Corp. operates as a blank check company that intent for a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. The company was founded on March 27, 2019 and is headquartered in Los Angeles, CA.
Read More on DKNG:
- Buy/Sell: Wall Street’s top 10 stock calls this week
- Bet On It: Churchill Downs pact brings betting on horse racing to DraftKings
- DraftKings management to meet with JMP Securities
- DraftKings and Churchill Downs Agree to Horse Racing Deal
- DraftKings deal with Churchill an attractive opportunity, says JMP Securities