DraftKings’ stock could advance another 20%-plus, analyst says

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DraftKings’ stock could advance another 20%-plus, analyst says
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Yet another analyst has boosted his price target on shares of DraftKings Inc. which have enjoyed a meteoric rise this year, up nearly 175% over the course of...

Yet another analyst has boosted his price target on shares of DraftKings Inc.

which have enjoyed a meteoric rise this year, up nearly 175% over the course of 2023 to date. Jefferies analyst David Katz became the latest to lift his target, raising it to $38 from $35, with the new target implying about 22% upside from current levels. DraftKings shares are up about 2% in Monday morning action. The company “continues to solidify its leadership role in the U.S.,” Katz wrote.

which have enjoyed a meteoric rise this year, up nearly 175% over the course of 2023 to date. Jefferies analyst David Katz became the latest to lift his target, raising it to $38 from $35, with the new target implying about 22% upside from current levels. DraftKings shares are up about 2% in Monday morning action. The company “continues to solidify its leadership role in the U.S.,” Katz wrote.

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