Market Overview

Why DraftKings Stock Is Moving Today

Why DraftKings Stock Is Moving Today

DraftKings Inc (NASDAQ: DKNG) shares are trading higher on Wednesday after Evercore ISI Group initiated coverage on the stock with an Outperform rating and a price target of $60 per share.

DraftKings is a digital sports entertainment and gaming company. The firm provides users with daily fantasy sports, sports betting, and iGaming opportunities.

Draftkings shares were trading up 0.51% at $37.20 at the time of publication on Wednesday. The stock has a 52-week high of $44.79 and a 52-week low of $9.84.

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Latest Ratings for DKNG

Nov 2020Piper SandlerInitiates Coverage OnOverweight
Nov 2020Loop CapitalInitiates Coverage OnBuy
Nov 2020Morgan StanleyMaintainsEqual-Weight

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View the Latest Analyst Ratings


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