In the NA sector, there is positive news for Amazon (AMZN) and DraftKings (DKNG) as two analysts share their bullish sentiments.
For Amazon, Brent Thill from Jefferies released a report today maintaining a Buy rating on the stock with a price target of $175.00. The company’s shares closed near its 52-week high at $147.03. According to TipRanks.com, Thill has a 0-star ranking with an average return of -4.8% and a 43.8% success rate. Thill focuses on the Technology sector and covers stocks like Palantir Technologies, Procore Technologies, and Roper Technologies. The analyst consensus on Amazon is currently a Strong Buy with an average price target of $176.50, indicating a 20.9% upside from current levels. Evercore ISI also maintained a Buy rating on the stock with a $195.00 price target in a report issued on November 29.
Moving on to DraftKings, Bernie McTernan from Needham released a report today maintaining a Buy rating on the stock with a price target of $50.00. The company’s shares closed near its 52-week high at $39.00. According to TipRanks.com, McTernan is ranked 0 out of 5 stars with an average return of -7.2% and a 41.7% success rate. McTernan focuses on the NA sector and covers stocks like Genius Sports Limited, Fiverr International, and Shutterstock. The general consensus among analysts suggests a Strong Buy rating for DraftKings with an average price target of $41.59, indicating a 9.4% upside from current levels. Citi also maintained a Buy rating on the stock with a $43.00 price target in a report issued on November 26.
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