Stifel analyst Jeffrey Stantial lowered the firm’s price target on DraftKings (DKNG) to $51 from $53 and keeps a Buy rating on the shares. Stifel sees an improving setup into the second half of 2025 for the group given strong fundamentals and the conclusion of most state legislative sessions, de-risking further tax hikes, the analyst tells investors in a research note.
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Read More on DKNG:
- DraftKings price target raised to $55 from $50 at Truist
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