Citizens raises DraftKings target to $36

0 min read     Updated on 25 Jun 2026, 09:17 PM
scanx
Reviewed by
Radhika SScanX News Team
AI Summary

Citizens analyst Jordan Bender has maintained a Market Outperform rating for DraftKings (NASDAQ: DKNG) and raised the price target to $36 from $34.

powered bylight_fuzz_icon
43691898

*this image is generated using AI for illustrative purposes only.

Citizens analyst Jordan Bender has maintained a Market Outperform rating for DraftKings (NASDAQ: DKNG) and raised the price target to $36 from $34. The revised valuation reflects an updated outlook on the company's shares.

Analyst Rating and Price Target

The Market Outperform rating suggests that DraftKings is expected to perform better than the broader market. The increased price target indicates the analyst's revised projection for the stock's valuation.

Metric Value
Rating Market Outperform
Price Target $36

What specific factors drove the upward revision of DraftKings' price target?

How might DraftKings' performance compare to its competitors in the sports betting market?

What are the potential risks that could hinder DraftKings from reaching the new price target?

like18
dislike

Guggenheim reiterates Buy on DraftKings, keeps $35 target

0 min read     Updated on 24 Jun 2026, 08:26 PM
scanx
Reviewed by
Radhika SScanX News Team
AI Summary

Guggenheim analyst Curry Baker has reiterated a Buy rating on DraftKings, maintaining a price target of $35. The endorsement reflects continued confidence in the sports betting company's market position and growth trajectory.

powered bylight_fuzz_icon
43858597

*this image is generated using AI for illustrative purposes only.

Guggenheim analyst Curry Baker has reaffirmed a Buy rating on DraftKings, maintaining a price target of $35. The endorsement reflects continued confidence in the sports betting company's market position and growth trajectory.

The rating reiteration comes as DraftKings navigates a competitive landscape in the online gaming sector. Analysts at Guggenheim see the stock reaching the $35 mark based on the company's operational performance and strategic initiatives.

Metric Value
Rating Buy
Price Target $35
Analyst Curry Baker
Firm Guggenheim

DraftKings, listed on NASDAQ under the ticker DKNG, remains a key player in the US sports betting market. The $35 price target suggests potential upside from current trading levels, contingent on execution of its business strategy.

What specific strategic initiatives is DraftKings prioritizing to differentiate itself in the competitive online gaming sector?

How might upcoming regulatory changes in key US states impact DraftKings' ability to reach the $35 price target?

What are the potential risks to DraftKings' growth trajectory if market competition intensifies further?

like15
dislike

More News on DraftKings Inc