DraftKings (DKNG) May weekly option implied volatility into quarter results

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DraftKings Inc. (DKNG) PT Raised to $57 at Citi

May 6, 2024 5:47 AM EDT

Citi analyst Steven Sheeckutz raised the price target on DraftKings Inc. (NASDAQ: DKNG) to $57.00 (from $53.00) while maintaining a Buy rating.

The analyst comments "DraftKings (DKNG) reported 1Q24 revenue and Adj. EBITDA above the Street. In addition, the firm raised its 2024 outlook. We... More