Deutsche Bank raised the firm’s price target on DraftKings (DKNG) to $33 from $32 and keeps a Hold rating on the shares post the Q3 report. The firm says that while the company’s disclosures are improving, there are questions around its guidance. It believes the shares as “pricing in near perfection in 2025.”
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on DKNG:
- Nvidia trades on Dow for first time, Rivian reports downbeat Q3: Morning Buzz
- Morning Movers: Expedia, Airbnb moving in opposite directions after results
- Draftkings Inc Earnings Report: Is it a Beat?
- DKNG Earnings: DraftKings Stock Down 6% on Wider Q3 Loss, Guidance Cut
- Closing Bell Movers: Toast gains 19% afterhours after earnings beat