DraftKings Reports Third Quarter Results and Raises 2020 Revenue Guidance

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Canaccord Genuity Reiterates Buy Rating on DraftKings Inc. (DKNG)

November 16, 2020 7:36 AM EST

Canaccord Genuity analyst Michael Graham reiterated a Buy rating and $65.00 price target on DraftKings Inc. (NASDAQ: DKNG) following the company's 3Q earnings report. DraftKings reported strong results for Q3, following an early view of metrics provided in October. DraftKings reported... More

Benchmark Reiterates Buy Rating on DraftKings Inc. (DKNG)

November 16, 2020 7:33 AM EST

Benchmark analyst Mike Hickey reiterated a Buy rating and $60.00 price target on DraftKings Inc. (NASDAQ: DKNG) following the company's 3Q report.

Benchmark raised FY20 revenue guidance and initiated a better than consensus FY21 revenue estimate at the midpoint.

For an analyst... More