Macquarie cuts DraftKings price target to $28 from $34
Macquarie lowered its DraftKings price target to $28 a share from $34, Dow Jones Newswires reported, citing Benzinga ratings data.
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what happened
Macquarie analysts cut their price target on DraftKings (DKNG) to $28 a share from $34. Dow Jones Newswires published the update, and the ratings details are listed on Benzinga.
The item covers a single analyst forecast for one company and includes no new financial figures.
why it matters
Price target changes from individual brokers usually affect only one company's shares and rarely move the broader market. Investors typically focus on DraftKings' earnings and operating data instead.
tags
instruments
sources
- DraftKings Price Target Cut to $28.00/Share From $34.00 by Macquarie — Dow Jones Newswires, 7 November 2026 at 03:26 UTC
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