Northland, Mizuho Cut DraftKings (DKNG) PT Amid Rising Competitive Threat from Prediction Markets
DraftKings Inc. (NASDAQ:DKNG) is one of the best high volume stocks to buy according to Wall Street analysts. On October 13, Northland lowered the firm’s price target on DraftKings to 33 and kept an Underperform rating on the shares. The firm noted that massive funding rounds for Kalshi (raising 5 billion, and tracking 2 billion investment from ICE, the owner of NYSE) signal the growing competitive threat predi ...