DraftKings’ Price Target Raised at Guggenheim 
<p>Guggenheim analysts increased the price target on <a href='https://financialmodelingprep.com/financial-summary/DKNG'>DraftKings (NASDAQ:DKNG)</a> to $36.00 (previously $32.00) while maintaining a Buy rating. The analysts mentioned that strong trends from the first quarter have carried over into the second quarter, as indicated by third-party app data. </p>
<p>Guggenheim’s updated model for Q2/23 earnings considers factors such as successful NBA playoff outcomes, a strong start to the MLB season, a more favorable product mix, analysis of third-party app download and monthly active user (MAU) data, cost discipline, and robust retention and monetization in iGaming and online sports betting (OSB).</p>

NASDAQ:DKNG