DraftKings Inc. (DKNG) PT Raised to $45 at Craig-Hallum

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DraftKings (DKNG) investor day affirms Morgan Stanleys positive view

November 15, 2023 11:28 AM EST

DraftKings (NASDAQ: DKNG) held its investor day event on Tuesday, with the company revealing new 2025, 2026, and 2028 adjusted EBITDA and FCF guidance.

Here's how analysts reacted:

Barclays analysts described the updates as "solid" but mostly in line with elevated expectations.

The investment bank, which maintained an Equal-Weight rating and raised its price target for the... More