There’s a lot to be optimistic about in the Consumer Cyclical sector as 2 analysts just weighed in on DraftKings (DKNG – Research Report) and Global-e Online (GLBE – Research Report) with bullish sentiments.
DraftKings (DKNG)
In a report released today, Jordan Bender from JMP Securities maintained a Buy rating on DraftKings, with a price target of $52.00. The company’s shares closed last Monday at $43.52, close to its 52-week high of $45.62.
According to TipRanks.com, Bender is a 4-star analyst with an average return of
The word on The Street in general, suggests a Strong Buy analyst consensus rating for DraftKings with a $50.23 average price target, implying a 19.2% upside from current levels. In a report issued on March 4, UBS also maintained a Buy rating on the stock with a $56.00 price target.
See the top stocks recommended by analysts >>
Global-e Online (GLBE)
JMP Securities analyst Patrick Walravens maintained a Buy rating on Global-e Online today and set a price target of $46.00. The company’s shares closed last Monday at $34.11.
According to TipRanks.com, Walravens is ranked 0 out of 5 stars with an average return of
Currently, the analyst consensus on Global-e Online is a Strong Buy with an average price target of $43.90, a 29.8% upside from current levels. In a report issued on March 13, KeyBanc also maintained a Buy rating on the stock with a $40.00 price target.
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Read More on DKNG:
- DraftKings Leadership Change and Regulatory Disclosure Update
- DraftKings Announces Leadership Changes to Increase Focus on Operational Efficiencies
- Bet On It: Standard General proposes to buy rest of Bally’s shares for $15
- DraftKings launches ‘My Stat Sheet’ tool
- DraftKings Launches “My Stat Sheet” – A New Tool to Promote Responsible Gaming
