DraftKings, Inc. / Online Gambling Message Board

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Technology Stocks : DraftKings, Inc. / Online Gambling

DKNG 29.70

+6.2%

3:30 PM EST

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To: Glenn Petersen who wrote (43)

5/18/2020 10:14:18 AM

From: rogermci®

of 282

And another:

Canaccord Genuity raises their DKNG tgt to $35 from $25. Analyst Maria Ripps and Michael Graham noted, "While management did not provide Q2 guidance given the lack of visibility relative to the sports calendar being materially disrupted, we see good potential for alternative products like DFS for eSports to soften the impact, and we expect a very strong rebound in the second half with major sports likely returning to normal schedules along with key events like the Masters being pushed to the fall."

Needs to settle down a bit

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