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

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.

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Sabrina Ionescu hits 20 straight shots to win 3-point contestNew York Liberty guard Sabrina Ionescu electrified the crowd Friday by hitting 20 straight shots and scoring a record 37 of a possible 40 points to win the 3-point shooting contest at the WNBA All-Star Game.
Source: SpectrumNews1TX - 🏆 333. / 59 Read more »

Catastrophic Flooding and Landslides Kill 20+ in South Korea'Nowhere is immune any longer from the explosion of extreme weather brought about by the collapse of the climate,' said one scientist.
Source: commondreams - 🏆 530. / 51 Read more »

The 20 Hottest Swimsuits of the Year, From Cutouts to Plunging NecklinesSwimsuits that'll make you look AND feel good.
Source: POPSUGARFashion - 🏆 28. / 68 Read more »

Union beat NYCFC 2-1 for record 17th win in 20 home matchesJosé Martínez and Chris Donovan scored goals to lead Philadelphia to a 2-1 victory over NYCFC on Saturday night, giving the Union a league-record 17 wins in their last 20 home matches.
Source: CBSNewYork - 🏆 268. / 63 Read more »

A little night music: Free concerts in the park July 16-20Grab a blanket, chairs, snacks and drinks and head to a free concert in the park happening in the suburbs Sunday through Thursday, July 16-20. And don't forget bug spray!
Source: dailyherald - 🏆 317. / 59 Read more »

Cruise nights motor into the suburbs July 16-20Car shows and cruise nights are rolling into the suburbs Sunday through Thursday, July 16-20. Here's where to catch a show near you.
Source: dailyherald - 🏆 317. / 59 Read more »