DraftKings Inc. (DKNG) PT Raised to $30 at Barclays

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Go back to DraftKings Inc. (DKNG) PT Raised to $30 at Barclays

Wells Fargo sees upside in DraftKings (DKNG) as 'EBITDA estimates will continue to move higher'

August 7, 2023 11:26 AM EDT

DraftKings (NASDAQ: DKNG) was lifted to Overweight from Equal Weight with a new price target of $37, up from $28 per share at Wells Fargo on Monday.

Analyst Daniel Politzer said the firm is raising the stock after assessing the company's potential 2025E EBITDA goal.... More