DraftKings Jumps as Analysts Raise Price Targets After Sales Beat
DraftKings Jumps as Analysts Raise Price Targets After Sales Beat DraftKings analysts raised price targets and revenue estimates after the sports-gambling company reported stronger-than-expected revenue. Author: Shares of DraftKings ( DKNG) - Get Report jumped Monday as analysts raised price targets and revenue estimates after the sports-betting platform on Friday reported fourth-quarter results. The company reported fourth-quarter revenue doubled. And it raised its revenue estimates for 2021 to between $900 million and $1 billion, up from its previous view between $750 million and $850...