Is DraftKings Stock Going to $60? 1 Wall Street Analyst Thinks So.
Attention should surely be paid to any stock that has double-digit upside potential. That's very much the situation with online and mobile sports betting platform operator (NASDAQ: DKNG).
At least, that's the take from one analyst following the stock, who feels that its price could climb 46% over the next year or so. Here's why he thinks the company is well worth a wager.
Oppenheimer's Jed Kelly has been quite the DraftKing bull for some time now, and this month he reiterated his sunny stance on the company. He very much rates it a buy at a price target of $60 per share, quite some height above its present level of just above $41.
Source Fool.com
DraftKings Inc. Stock
€40.48
-0.930%
Our community is currently high on DraftKings Inc. with 60 Buy predictions and 5 Sell predictions.
As a result the target price of 46 € shows a slightly positive potential of 13.64% compared to the current price of 40.48 € for DraftKings Inc..
