DraftKings (NASDAQ:DKNG) Faces Competitive Pressures Amid Market Shifts

Mizuho Securities sets a price target of $54 for DraftKings (NASDAQ:DKNG), indicating a potential upside of 63.88%.DraftKings and FanDuel experience over 20% stock price decline due to the rise of prediction markets.Despite challenges, DraftKings maintains a market capitalization of approximately $16.36 billion, showcasing its significant market presence.DraftKings (NASDAQ:DKNG) is a prominent player in the online sports betting and gaming industry. The company offers a range of products, including daily fa ...