DraftKings (NASDAQ: DKNG) Stock: Analyst Price Target Amidst Prediction Market Expansion
Stifel Nicolaus sets a $21.00 price target for DraftKings, implying a 13.50% upside from its $18.51 price. DraftKings is increasing its 2026 investment in its "Predictions" offering to $650 million–$700 million, impacting near-term profit. The company reported $1.33 billion in Q3 revenue, a 16%…