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November 12, 2024 2:13 PM EST
BTIG analyst Clark Lampen reiterated a Buy rating and $55.00 price target on DraftKings Inc. (NASDAQ: DKNG).
The analyst comments "We've received a number of questions around the potential impact to our coverage from proposed tax rate hikes in Louisiana, and have mapped out our quick thoughts on the impact for DraftKings (DKNG; Buy, $55 PT), FanDuel (FLUT; Buy, $305 PT), and BetMGM (MGM; Buy, $47 PT) below and in... More
November 11, 2024 5:41 AM EST
Goldman Sachs analyst Ben Miller reiterated a Buy rating and $57.00 price target on DraftKings Inc. (NASDAQ: DKNG).
The analyst comments "In its Q324 earnings report, DraftKings (DKNG) management highlighted a few key themes: 1) efficient customer acquisition continued in Q3; 2) Q4 guidance was negatively impacted by the most customer-friendly stretch of... More
November 8, 2024 1:00 PM EST
Deutsche Bank analyst Carlo Santarelli raised the price target on DraftKings Inc. (NASDAQ: DKNG) to $33.00 (from $32.00) while maintaining a Hold rating.
The analyst comments "...we continue to view DKNG as a narrative / theme stock, which, often changes on a dime, and we don't,... More
November 8, 2024 10:15 AM EST
CFRA analyst Zachary Warring upgraded DraftKings Inc. (NASDAQ: DKNG) from Buy to Strong Buy with a price target of $46.00 (from $42.00).
The analyst comments "We raise our 12-month price target by $4 to $46, based on 3.6x our 2025 revenue estimate and in line with the company's three-year... More
