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DraftKings price target lowered to $29 from $32 at Citi

Citi analyst James Hardiman lowered the firm’s price target on DraftKings (DKNG) to $29 from $32 and keeps a Buy rating on the shares. The firm adjusted targets in the gaming space as part of a Q1 preview. Citi expects a “mixed bag” of results with “signs of life” for Las Vegas Strip and lighter numbers for the regionals.

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