DKNG Maintained by Bernstein -- Price Target Raised to $29.00

gurufocus.com · 2026-09-03

DraftKings (DKNG) Analyst Rating Update On October 03, 2023, analyst Ian Moore of Bernstein maintained an 'Outperform' rating on DraftKings (DKNG). The price

TickrTrends take: Bernstein's maintained rating on DraftKings with a raised price target to $29 reflects analyst confidence in the company's fundamentals despite market conditions affecting consumer cyclical stocks. For valuation-focused investors, the significance of this target depends on where DKNG trades relative to the $29 level and how it aligns with the company's earnings growth trajectory. As TickrTrends awaits fuller valuation data on DKNG, watching how the stock responds to this analyst view may provide clarity on whether the market has adequately priced in the company's near-term prospects in the consumer discretionary space.

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