Higher taxes in Illinois and losses at Jackpocket could be short-term headwinds for DraftKings, but Goldman Sachs keeps the stock a Buy for future outlook.
One of the overhangs that weighed on Tesla stock in recent sessions may have lifted but the company is still left to contend with a slew of fundamental challenges.
Tesla CEO Musk clarifies mixed signals on making a phone, stating that they could but hopes it's not needed, while analyst Adam Jonas thinks it will happen.
The comment comes amid speculation that Meta might announce a stock split, driven by its significant stock price surge and ongoing shareholder value initiatives.
Needham analyst reiterates Buy rating and $60 price target for DraftKings (DKNG), citing its leadership in $35B online gambling market and favorable legislative environment. DKNG has sustainable customer acquisition strategy and potential for higher tax revenue for states.