Barclays analyst Brandt Montour lowered the firm’s price target on DraftKings to $53 from $54 and keeps an Overweight rating on the shares as part of a Q2 earnings preview for the gaming sector. The firm’s top idea into the print is Caesars Entertainment (CZR).
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on DKNG:
- Stifel calls DraftKings ‘a top pick’ heading into earnings
- DraftKings price target lowered to $58 from $60 at Oppenheimer
- Bet On It: LeoVegas to acquire U.S. sportsbook and online casino from Tipico
- Nevada reports May statewide gaming win up 2.45% to $1.32B
- DraftKings price target lowered to $53 from $54 at Wells Fargo
Looking for a trading platform? Check out TipRanks' Best Online Brokers , and find the ideal broker for your trades.
Report an Issue