Morgan Stanley lowers DraftKings price target to $36
By The Weekly Edge desk ·
Summary
Casino.org reported that Morgan Stanley analyst Stephen Grambling reduced his DraftKings DKNG · USD 18.90 2026-10-16 Data price target from $39 to $36. The change appeared in a 22 July report covering the wider gaming sector.
Why it matters
The lower target reduces Morgan Stanley’s valuation expectation for DraftKings shares.