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Guggenheim Reiterates Buy Rating on DraftKings Inc. (DKNG) Following EPS

February 17, 2023 1:59 PM EST

Guggenheim analyst Curry Baker reiterated a Buy rating and $26.00 price target on DraftKings Inc. (NASDAQ: DKNG) following earnings.

The analyst commented, "We have updated our model for DKNG's 4Q earnings and updated outlook. DraftKings reported 4Q22 revenue of $855mm (up 81% y/y) compared to... More