Page 2 - Draftkings Analyst News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Share: The large online sports betting and iGaming markets has an analyst impressed with the opportunity for DraftKings to keep its competitive advantage and grow with the market. The DraftKings Analyst: Guggenheim analyst Curry Baker initiated Draftkings Inc (NASDAQ: DKNG) with a Buy rating and a $75 price target. The DraftKings Takeaways: The online sports betting market could reach $26 billion in the U.S. according to estimates from Baker. The analyst assigns a market size of $44 billion to the nation's iGaming market. “Beyond the momentum towards legalization and the inherent tailwin...

Share: Pure play sports betting company DraftKings Inc (NASDAQ: DKNG) gets an upgrade on Wednesday based on the total addressable market size rising with additional states launching and legalizing sports betting and iGaming. The DraftKings Analyst: Morgan Stanley's Thomas Allen upgraded DraftKings from Equal-Weight to Overweight and raises the price target from $39 to $60. The DraftKings Takeaways: The total addressable market for sports betting and iGaming has improved and Allen is raising forecasts. “While stay-at-home tailwinds likely helped, the strength in iGaming has extended well b...