macro

Stifel cuts price targets on DraftKings and Lowe's

Stifel lowered its DraftKings price target to $32 from $36 and its Lowe's target to $195 from $220, keeping Buy and Hold ratings. Reported by Dow Jones Newswires.

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what happened

Analysts at Stifel cut their price target on DraftKings to $32 a share from $36, while keeping a Buy rating, according to Dow Jones Newswires citing Benzinga data. For Lowe's, the target was reduced to $195 from $220, and the firm maintained its Hold rating. Both actions were recorded on October 26, 2026.

why it matters

A lower price target from a single broker reflects a revised view of the company's expected valuation, but individual rating actions usually have a limited effect on share prices. Such news mainly matters to investors tracking these specific stocks and does not significantly change the broader market picture.

tags

instruments

DKNGLOW

sources

  1. DraftKings Price Target Cut to $32.00/Share From $36.00 by Stifel — Dow Jones Newswires, 26 October 2026 at 16:07 UTC
  2. Lowe's Price Target Cut to $195.00/Share From $220.00 by Stifel — Dow Jones Newswires, 26 October 2026 at 16:44 UTC
  3. Whirlpool Price Target Cut to $30.00/Share From $37.00 by Stifel — Dow Jones Newswires, 26 October 2026 at 17:00 UTC

prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.

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