Susquehanna analyst Joseph Stauff raised the firm’s price target on DraftKings (DKNG) to $60 from $52 and keeps a Positive rating on the shares. The firm raised its estimates for 2Q, 2025, and 2026/2027 to account for the most relevant recent trends including higher taxes, 2Q trends, state launch timing, Jackpocket impacts. For the online gambling industry, 1H25 occurred mostly under an overhang of regulatory fear starting in February where two Governorss. proposed doubling of OSB tax rates in Maryland and Ohio.
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