DraftKings (DKNG) 30-day option implied volatility low as shares sell off 4.5% after quarter results

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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