Skip Navigation

Wells Fargo downgrades DraftKings to equal weight on view that stock has a long road for a rebound

Published Tue, Feb 22 20227:11 AM ESTUpdated Tue, Feb 22 20228:03 AM EST

Jesse Pound @/in/jesse-pound @jesserpound

Omar Marques | LightRocket | Getty Images

Rising costs have taken a bite out of the bull case for DraftKings, according to Wells Fargo.

More In Analyst Calls

Forget Nvidia. Here are 5 undervalued tech stocks every investor should own, Goldman Sachs says

Forget Nvidia. Here are 5 undervalued tech stocks every investor should own, Goldman Sachs says

FanDuel parent Flutter joining the big leagues. Moving primary listing to U.S. from U.K. may spur investor interest

FanDuel parent Flutter joining the big leagues. Moving primary listing to U.S. from U.K. may spur investor interest

Barclays upgrades a little-known biotech stock that it says can more than double

Barclays upgrades a little-known biotech stock that it says can more than double