Benchmark Reiterates Buy Rating on DraftKings Inc. (DKNG) Despite Market Fears

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Go back to Benchmark Reiterates Buy Rating on DraftKings Inc. (DKNG) Despite Market Fears

DraftKings Inc. (DKNG) PT Lowered to $43 at Benchmark, 'we would be opportunistic when the bleeding stops'

October 2, 2025 7:23 AM EDT

Benchmark analyst Mike Hickey lowered the price target on DraftKings Inc. (NASDAQ: DKNG) to $43.00 (from $53.00) while maintaining a Buy rating.

The analyst comments "We remain constructive on DraftKings long-term growth opportunity, supported by a superior product, expanding user base, and sustained industry... More