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Why Benchmark Is Staying Bullish on DraftKings Inc. (DKNG) Despite New York Weakness
Yahoo Finance· 2026-01-23 10:19
DraftKings Inc. (NASDAQ:DKNG) is among the stocks under $50 to buy now. On January 20, Benchmark reaffirmed a ‘Buy’ rating on DraftKings Inc. (NASDAQ:DKNG) with an unchanged price target of $37. This optimistic stance, suggesting an upside potential of 18%, comes even after the company’s weak performance in the New York online sports betting market. According to Investing.com, New York’s online sports betting market witnessed a sharp reversal in Week 19, with handle down 2.0% YoY and revenue drop 39.9% YoY ...