DraftKings To Rally Over 38%? Here Are 10 Other Analyst Forecasts For Tuesday

• Piper Sandler raised the price target for Chegg, Inc. CHGG from $11 to $13. Piper Sandler analyst Arvind Ramnani maintained a Neutral rating. Chegg shares rose 19.9% to $12.03 in pre-market trading.
• Atlantic Equities cut Biogen Inc. BIIB price target from $282 to $275. Atlantic Equities analyst Steve Chesney maintained a Neutral rating. Biogen shares rose 0.8% to $273.49 in pre-market trading.
• Goldman Sachs boosted the price target for Paymentus Holdings, Inc. PAY from $9 to $12. Goldman Sachs analyst Will Nance upgraded the stock from Sell to Neutral. Paymentus shares rose 13.5% to $12.14 in pre-market trading.
• JP Morgan increased the price target for Sovos Brands, Inc. SOVO from $21 to $23. JP Morgan analyst Ken Goldman downgraded the stock from Overweight to Neutral. Sovos Brands shares gained 25.2% to close at $22.56 on Monday.
• Needham raised Genius Sports Limited GENI price target from $8 to $10. Needham analyst Bernie McTernan maintained a Buy rating. Genius Sports shares fell 1.1% to $7.11 in pre-market trading.
• Jefferies slashed Enanta Pharmaceuticals, Inc. ENTA price target from $49 to $18. Jefferies analyst Akash Tewari downgraded the stock from Buy to Hold. Enanta Pharmaceuticals shares fell 3.7% to $18.63 in pre-market trading.
• HC Wainwright & Co. cut Axsome Therapeutics, Inc. AXSM price target from $190 to $180. HC Wainwright & Co. analyst Raghuram Selvaraju maintained a Buy rating. Axsome Therapeutics shares gained 2.7% to $73.00 in pre-market trading.
• Citigroup boosted Datadog, Inc. DDOG price target from $96 to $135. Citigroup analyst Fatima Boolani maintained a Buy rating. Datadog shares fell 21.1% to $83.91 in pre-market trading.
• Truist Securities boosted the price target for DraftKings Inc. DKNG from $31 to $44. Truist Securities analyst Barry Jonas upgraded the stock from Hold to Buy. DraftKings shares rose 0.4% to $31.77 in pre-market trading.
• Piper Sandler increased Coinbase Global, Inc. COIN price target from $60 to $80. Piper Sandler analyst Richard Repetto maintained a Neutral rating. Coinbase shares fell 0.9% to $85.20 in pre-market trading.
• Jefferies boosted Five9, Inc. FIVN price target from $70 to $75. Jefferies analyst Samad Samana maintained a Hold rating. Five9 shares fell 6.6% to $76.31 in pre-market trading.

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