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Watching DraftKings; Hearing Traders Circulate Comments From Stephen, Adjusting His Price Target On DraftKings To $47 From $51, Noting DraftKings Sees A Higher Total Addressable Market After Strong Customer Acquisition, Stable Promotional Activity...

Benzinga ·  Sep 10 21:11  · Ratings

Watching DraftKings; Hearing Traders Circulate Comments From Stephen, Adjusting His Price Target On DraftKings To $47 From $51, Noting DraftKings Sees A Higher Total Addressable Market After Strong Customer Acquisition, Stable Promotional Activity Before The NFL's First Week; Sees Confidence In Long-Term Win-Rates, Potential Leverage Improvement, Though Near-Term Requires Significant Cash For Operations And Pursuing Opportunities

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