Pre-Open Stock Movers 02/18: (APPN) (CGNX) (SWAV) Higher; (ROKU) (RDFN) (DKNG) Lower (more...)

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Go back to Pre-Open Stock Movers 02/18: (APPN) (CGNX) (SWAV) Higher; (ROKU) (RDFN) (DKNG) Lower (more...)

DraftKings Inc. (DKNG) PT Lowered to $55 at Canaccord Genuity

February 22, 2022 7:29 AM EST

Canaccord Genuity analyst Michael Graham lowered the price target on DraftKings Inc. (NASDAQ: DKNG) to $55.00 (from $65.00) while maintaining a Buy rating.

... More

DraftKings Inc. (DKNG) PT Lowered to $32 at Oppenheimer, 'Although Painful, Market Adoption Justifies Investments'

February 22, 2022 5:25 AM EST

Oppenheimer analyst Jed Kelly lowered the price target on DraftKings Inc. (NASDAQ: DKNG) to $32.00 (from $35.00) while maintaining a Outperform rating.

The analyst comments "We are raising our '23E revenue 15% but lowering our '23E EBITDA $225M, reflecting DKNG investing into an OSB... More

Wells Fargo Downgrades DraftKings Inc. (DKNG) to Equal Weight

February 22, 2022 12:37 AM EST

Wells Fargo analyst Dan Politzer downgraded DraftKings Inc. (NASDAQ: DKNG) from Overweight to Equal Weight with a price target of $19.00 (from $41.00).

The analyst comments "Our PT is $19 and is based on 3x 2023E EV/Sales (implies ~$16/share) plus $4/share for incremental equity value associated... More