DraftKings (DKNG) Q1 Revenue Tops Consensus, Updates FY Revenue Guidance

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DraftKings Inc. (DKNG) PT Lowered to $64 at Benchmark

May 10, 2021 7:59 AM EDT

Benchmark analyst Mike Hickey lowered the price target on DraftKings Inc. (NASDAQ: DKNG) to $64.00 (from $75.00) while maintaining a Buy rating.

The analyst commented, "DKNG delivered better than expected F1Q21 financial results and raised FY21 financial guidance that exceeded average consensus view. DKNG continued... More

DraftKings Inc. (DKNG) Mentioned Positively at Cannonball Research

May 7, 2021 7:44 AM EDT

Cannonball Research analyst Vasily Karasyov reiterated a Buy rating and $80.00 price target on DraftKings Inc. (NASDAQ: DKNG).

The analyst comments "A sizable upside to FY21 estimate has been a key part of the bull case. We believe the beat and raise will... More

Morgan Stanley Remains Positive on DraftKings Inc. (DKNG), 'Revenues Beat and Strength Continuing'

May 7, 2021 7:38 AM EDT

Morgan Stanley analyst Thomas Allen reiterated an Overweight rating and $66.00 price target on DraftKings Inc. (NASDAQ: DKNG)

The analyst comments "DKNG reported 1Q21earnings this morning, with another strong revenue and updated revenue guidance qtr. 1Q revenue was $312m, ~30-35% higher... More