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DraftKings Price Target Cut to $33.00 by JPMorgan Chase & Co.

Guavy AI Editorial Team
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JPM
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DraftKings (NASDAQ:DKNG) has received a new price target of $33.00 from JPMorgan Chase & Co., down from $34.00 previously.

This reduction comes as part of a series of updates to DraftKings' stock price targets, with Barclays dropping its target from $35.00 to $34.00 and Wedbush beginning coverage with an 'outperform' rating.

Despite these adjustments, the consensus price target for DKNG remains at $34.05, indicating a potential upside of 36.67% from the current stock price of $24.14.

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