
Craig-Hallum Reaffirms Their Buy Rating on DraftKings (DKNG)

Craig-Hallum's Ryan Sigdahl reaffirmed a Buy rating on DraftKings, with shares closing at $35.52. Sigdahl, a 4-star analyst, has a 9.0% average return. The consensus rating for DraftKings is Strong Buy, with a $44.11 average price target, indicating a 24.18% upside. BTIG also maintained a Buy rating with a $45.00 target.
In a report released yesterday, Ryan Sigdahl from Craig-Hallum maintained a Buy rating on DraftKings. The company’s shares closed yesterday at $35.52.
Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
According to TipRanks, Sigdahl is a 4-star analyst with an average return of 9.0% and a 45.77% success rate. Sigdahl covers the Consumer Cyclical sector, focusing on stocks such as Flutter Entertainment PLC, DraftKings, and Rush Street Interactive.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for DraftKings with a $44.11 average price target, representing a 24.18% upside. In a report released on December 5, BTIG also maintained a Buy rating on the stock with a $45.00 price target.
