Sports Betting News: MoffettNathanson Downgrades DraftKings: Are Prediction Markets Killing the Sports Betting King?

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Sports Betting Advice

Details: Written by Bing News Search Results; Category: Sports Betting Advice; Published: 25 April 2026; Created: 25 April 2026; Last Updated: 25 April 2026

DraftKings (NASDAQ:DKNG) got a downgrade from MoffettNathanson to Neutral from Buy on April 24, with a price target cut to $27 from $38. The firm acknowledged prediction market competition as the overhang it can no longer dismiss.
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Source:finance.yahoo.com

Posted: 2026-04-24 11:39:00

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