Macquarie Maintains Outperform on DraftKings, Lowers Price Target to $34
Macquarie analyst Chad Beynon maintains DraftKings (NASDAQ:DKNG) with a Outperform and lowers the price target from $38 to $34.
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Why It Matters
An expert analyst still likes DraftKings but thinks the stock might be worth less money. You can watch if the company keeps growing its sports betting business.
This read is generated by AI from raw market data and is for education only. It is not financial advice, not a signal, and not a recommendation to buy or sell.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
Disclosure: Educational and informational purposes only. Not financial advice. We educate, not advise. Market data may be delayed up to 15 minutes unless marked real-time. Past performance is not indicative of future results.