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DraftKings The 'King Of The Beat & Raise': 7 Analysts Size Up Q1 Earnings, Raised Guidance That Could Be Conservative

Benzinga ·  May 3 14:55

Sports betting companyDraftKings Inc(NASDAQ:DKNG) reported first-quarter revenue and earnings per share that beat analysts' estimates.

Analysts share their reaction to the report and DraftKings' raised full-year guidance:

  • Truist analyst Barry Jonas has a Buy rating and $55 price target.
  • Bank of America analyst Shaun Kelley has a Buy rating and $54 price target.
  • Goldman Sachs analyst Ben Miller has a buy rating and $60 price target.
  • Needham analyst Bernie McTernan has a Buy rating and $58 price target.
  • JMP Securities analyst Jordan Bender has a Market Outperform rating and $52 price target.
  • Benchmark analyst Mike Hickey has a Buy rating...
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