Benchmark raised the firm’s price target on DraftKings (DKNG) to $51 from $44 and keeps a Buy rating on the shares. Consensus had declined heading into the report and DraftKings delivered in-line results for the quarter, says the analyst, who remains constructive on the company’s long-term growth prospects. The firm is also adding DraftKings to its top ideas for 2025, the analyst tells investors.
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Read More on DKNG:
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