Susquehanna analyst Joseph Stauff raised the firm’s price target on DraftKings to $26 from $24 and keeps a Positive rating on the shares. The analyst said results beat consensus and maintained market share despite a significant reduction in promo spending.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly
See the top stocks recommended by analysts >>
Read More on DKNG: