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Citigroup Has Lowered Expectations for DraftKings (NASDAQ:DKNG) Stock Price
['Marketbeat News']
ETF Daily News
DraftKings (NASDAQ:DKNG – Get Free Report) had its price objective reduced by investment analysts at Citigroup from $58.00 to $56.00 in a research report issued on Wednesday,Benzinga reports.
Also, insider R Stanton Dodge sold 105,554 shares of the company’s stock in a transaction on Tuesday, September 2nd.
Rhumbline Advisers now owns 586,722 shares of the company’s stock worth $19,485,000 after purchasing an additional 2,177 shares during the period.
Institutional investors and hedge funds own 37.70% of the company’s stock.
DraftKings Company Profile(Get Free Report)DraftKings Inc operates as a digital sports entertainment and gaming company in the United States and internationally.