There’s a lot to be optimistic about in the Financial sector as 2 analysts just weighed in on DraftKings (DKNG) and Visa (V) with bullish sentiments.
DraftKings (DKNG)
In a report released today, Jed Kelly from Oppenheimer assigned a Buy rating to DraftKings, with a price target of $46.00. The company’s shares closed last Tuesday at $34.63.
According to TipRanks.com, Kelly is a 5-star analyst with an average return of 11.8% and a 51.0% success rate. Kelly covers the Technology sector, focusing on stocks such as Paypal Holdings, Black Knight, and Corelogic.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for DraftKings with a $47.00 average price target, representing a 30.7% upside. In a report issued on July 15, Morgan Stanley also maintained a Buy rating on the stock with a $25.00 price target.
See today’s analyst top recommended stocks >>
Visa (V)
Oppenheimer analyst Dominick Gabriele maintained a Buy rating on Visa today and set a price target of $216.00. The company’s shares closed last Tuesday at $196.74.
According to TipRanks.com, Gabriele is a 1-star analyst with an average return of -2.3% and a 48.5% success rate. Gabriele covers the Financial sector, focusing on stocks such as Discover Financial Services, Capital One Financial, and Synchrony Financial.
Visa has an analyst consensus of Strong Buy, with a price target consensus of $212.32, which is a 7.4% upside from current levels. In a report issued on July 14, Goldman Sachs also initiated coverage with a Buy rating on the stock with a $223.00 price target.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Read More on V:
