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DraftKings price target raised to $64 from $60 at Susquehanna

Susquehanna analyst Joseph Stauff raised the firm’s price target on DraftKings (DKNG) to $64 from $60 and keeps a Positive rating on the shares. The firm said despite the large 2Q beat, shares were flattish considering Street’s ongoing skepticism of achieving a realized sports hold in-line with structural during the upcoming new US sports calendar.

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