DraftKings Inc. (DKNG) PT Raised to $75 at Benchmark

March 10, 2021 6:48 AM EST
Get Alerts DKNG Hot Sheet
Price: $48.36 -2.87%

Rating Summary:
    21 Buy, 7 Hold, 0 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 18 | Down: 11 | New: 8
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Benchmark analyst Mike Hickey raised the price target on DraftKings Inc. (NASDAQ: DKNG) to $75.00 while maintaining a Buy rating.

The analyst commented, "DKNG's TAM, market share and long-term growth profile continue to exceed our expectations. We anticipate product innovations including in-game betting will accelerate success in player engagement, retention, and monetization. We anticipate DKNG will dominate the market in North America and will find long term success overseas."

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