Berenberg lowered the firm’s price target on DraftKings (DKNG) to $26.40 from $40.50 and keeps a Buy rating on the shares.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on DKNG:
- DraftKings price target lowered to $40 from $53 at Morgan Stanley
- DraftKings: Reaffirmed Overweight on Attractive Long‑Term Growth and Valuation Upside Despite Near‑Term Estimate Cuts
- Cathie Wood Sells $35M in Teradyne, Reinvests in Figma, Broadcom, AMD, Google
- 3 “Strong Buy” Growth Stocks to Buy Now, According to Analysts – 2/23/2026
- DraftKings announces launch of online sportsbook in Puerto Rico