Form D DraftKings Inc.

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Morgan Stanley Calls DraftKings Inc. (DKNG) a New Top Pick

June 10, 2024 4:58 AM EDT

Morgan Stanley analyst Ed Young reiterated an Overweight rating and $51.00 price target on DraftKings Inc. (NASDAQ: DKNG).

The analyst comments "Following Illinois' move to a higher/progressive tax structure, we give historical context for taxation in gaming as well as typical flow-through... More