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Morgan Stanley Reiterates Overweight Rating on DraftKings Inc. (DKNG)

November 4, 2022 1:08 PM EDT

Morgan Stanley analyst Ed Young reiterated an Overweight rating and $30.00 price target on DraftKings Inc. (NASDAQ: DKNG) following results and the firm's thoughts on cash and guidance.

The analsyt commented, "Investor focus after DraftKings' Q3 results has been on 1/ concern around the FY23... More