Barclays analyst Brandt Montour raised the firm’s price target on DraftKings (DKNG) to $54 from $51 and keeps an Overweight rating on the shares. The company’s Q2 upside shows how hold can swing positively, and with high flow-through, the analyst tells investors in a research note. The firm believes DraftKings reaffirming its 2025 guidance should help recover medium term sentiment.
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