Medium materiality5/10
Susquehanna Lowers DKNG Price Target to $23
Why it may matterVerify against the original reporting
Bearish on the direction of the revisions, but the targets still imply upside from the reported price.
Public signal · 1-minute delayed
Signal brief
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AI summary
What happened, with direct paths to the underlying reporting
Susquehanna lowered its DKNG target to $23; a separate same-day Bernstein update also lowered its target, to $22. Both targets remain above the reported $18.51 price, so the revisions signal reduced analyst optimism rather than an outright downside target.
- Susquehanna lowered its target to $23.
- Bernstein also lowered its target, to $22.
- Both targets exceed the reported $18.51 price.
Key facts
- 01
Target: $23
- 02
Posted price: $18.51
- 03
Analyst firm: Susquehanna
- 04
Analyst: Joseph Stauff
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