Deutsche Bank analyst Carlo Santarelli raised the firm’s price target on DraftKings to $31 from $27 and keeps a Hold rating on the shares. The analyst says the company’s valuation ranges are coming into focus post the “strong” Q3 print and 2024 guidance.
Confident Investing Starts Here:
- Quickly and easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks straight to you inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See Insiders’ Hot Stocks on TipRanks >>
Read More on DKNG:
- DraftKings price target raised to $38 from $36 at Northland
- DraftKings price target raised to $45 from $44 at Truist
- DraftKings price target raised to $36 from $33 at Stifel
- DraftKings price target raised to $38 from $36 at Morgan Stanley
- DraftKings price target raised to $39 from $37 at Wells Fargo