Sports BettingNext.io · 2h ago
Morgan Stanley cuts DraftKings target as prediction markets bite
By Zak Thomas-Akoo•July 23, 2026
The brief
Analysts at Morgan Stanley have cut DraftKings' price target to $36 from $39, warning that prediction markets would weigh on earnings. The post Morgan Stanley cuts DraftKings target as prediction markets bite appeared first on NEXT.io.
Original report
Next.io
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