DraftKings Inc. Stock Price Target Adjusted by Mizuho

Mizuho has revised its stock price target for DraftKings Inc. to $59, down from the previous target of $62.

Contrasting Investment Outlook

In contrast, another analyst has upgraded their investment outlook for DraftKings Inc. to bullish, citing specific reasons for the change.

NFT Trends and Industry Implications

The scaling back of NFT projects by other brands has raised questions about the sustainability of NFTs in mainstream industries. However, DraftKings’ business model is not directly impacted by this trend.

Key Points

• Mizuho has revised its stock price target for DraftKings Inc. to $59.
• Another analyst has upgraded their investment outlook for DraftKings Inc. to bullish.
• The scaling back of NFT projects by other brands has raised questions about the sustainability of NFTs in mainstream industries.
• DraftKings’ business model is not directly impacted by the trend of scaling back NFT projects.