DraftKings Covered by Wolfe Research After EPS Beat
Wolfe Research began coverage of DraftKings, alongside mixed price-target moves from Susquehanna, Moffett Nathanson and TD Cowen. The consensus target is $34.29 with a Moderate Buy view, and DraftKings reported quarterly EPS of $0.09 versus a $0.02 estimate. One investor sold at an average $24.05, a 10.10% decrease, while CoreCap Advisors added shares.