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Page 2 - ஆய்வாளர் எடுத்துச் செல்லுதல் News Today : Breaking News, Live Updates & Top Stories | Vimarsana

(DKNG), (GMVHY) - MGM, DraftKings Leading US iGaming Market

Share: Bank of America analyst Shaun C. Kelley sized up the online sports betting and iGaming segment after several states reported March figures and market share leaders. The Analyst Takeaways: For the states that reported March figures, online sports betting handle was up 478% year-over-year and 14% month-over-month and iGaming revenue was up 250% year-over-year and 22% month-over-month. “While we expected strong growth M/M in OSB with the start of March Madness, iGaming outpaced our expectations with record highs in all states where legal. Run-rating March’s iGaming GGR would represent a $3.7 billion market annually,” Kelley said. The run-rate could be higher than the land-based commercial gaming market in every state except for Nevada. The market size would also be ahead of the 2024 target set by the analyst.

CONVERTED ORGANICS (COIN) - Buy And HODL Coinbase Stock? Analyst Says It s A Generational Opportunity In Crypto

CONVERTED ORGANICS (COIN) - Buy And HODL Coinbase Stock? Analyst Says It s A Generational Opportunity In Crypto
benzinga.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from benzinga.com Daily Mail and Mail on Sunday newspapers.

CONVERTED ORGANICS (COIN), Snowflake Inc (NYSE:SNOW) - Why Coinbase s Upside Could Be Immense, With A Price Target Of $500

Share: One of most anticipated IPOs of 2021 took place Wednesday with  Coinbase Global (NASDAQ: COIN) hitting the public markets. The cryptocurrency exchange company opened for trading at $381 a share. An analyst believes shares can go much higher than Wednesday’s opening price. The Coinbase Analyst: BTIG analyst Mark Palmer initiated shares of Coinbase with a Buy rating and $500 price target. The Analyst Takeaways: Palmer called Coinbase the gold standard among digital asset exchanges. Coinbase is seeing rapid growth as the crypto ecosystem expands and its increased use is a tailwind for the company going forward. “We believe COIN, the most popular consumer-facing cryptocurrency exchange in the U.S., is positioned to be a primary beneficiary of the increased adoption of Bitcoin and other digital assets as it continues to scale in the U.S. and internationally,” Palmer said.

(DKNG), Penn National Gaming, Inc (NASDAQ:PENN) - Goldman Sachs Says Put Your Money On DraftKings, Penn National

Share: The Analyst: Goldman Sachs analyst Stephen Grambling upgrades  DraftKings Inc (NASDAQ: DKNG) from Neutral to Buy and raises the price target from $45 to $65. The analyst reiterates a Buy rating on Penn National Gaming (NASDAQ: PENN) and raises the price target from $86 to $124. The Analyst Takeaways: DraftKings and Penn National Gaming are two gaming stocks that have outperformed the S&P 500 in 2021. Grambling said this can continue as the two companies are market leaders in the still-emerging online sports betting industry. “We upgrade DKNG based on their sustained market leading position in key states, ability to participate in the economics of single operator states, and presence of national contracts which will allow the to achieve scale sooner than the broader peer group,” Grambling wrote in a note.

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