DraftKings (DKNG) Q3 Revenue Tops Consensus, Raises FY20 Revenue Guidance and Issues FY21
- Nasdaq outshines Wall St peers on tech boost, earnings glee
- Tesla touts acceleration of new models, but Q1 results fall short of estimates
- Boeing reports first revenue drop in 7 quarters as deliveries decline
- Oil prices steady after rallying on US stock decline, business data
- Yen on the brink, but Tesla pulls back
- Fisker (FSR) Appoints Michael Healy as Chief Restructuring Officer
- Seagate Technology (STX) Enters $600M Asset Purchase Agreement with Avago
- Hasbro (HAS) brand strength sees earnings top expectations
- China acquired top-end Nvidia AI chips despite recent US ban- Reuters
- Wolfe Research Downgrades Warner Brothers Discovery (WBD) to Underperform, 'out of concern that an incipient advertising downturn put guidance at risk'
- Midday movers: Tesla, Boeing rise; Uber, Old Dominion Freight fall
- After-hours movers: Tesla, Texas Instruments, Seagate, Visa and more
- Midday movers: PepsiCo, JetBlue fall; GM, Danaher and UPS rise
- After-hours movers: Cadence Design Systems, Cleveland-Cliffs, Riot Platforms, and more
- Midday movers: Tesla, Li Auto and CNH Industrial fall; Salesforce rises
Canaccord Genuity Reiterates Buy Rating on DraftKings Inc. (DKNG)
November 16, 2020 7:36 AM ESTCanaccord 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 ESTBenchmark 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