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DraftKings Gets Some Analyst Love

TheMotleyFool

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One day prior to its first public earnings report, sports-gambling company DraftKings Inc. (NASDAQ: DKNG) got a "positive" rating from Susquehanna Financial, with a price target implying upside of over 20% from current prices. Analyst Joseph Stauph's $33 price target is the highest among the four analysts following the company, well above the $24 average prior to today's rating.

Known for its daily fantasy sports and mobile sports-betting platform, DraftKings began trading on the Nasdaq Stock Market on April 24, 2020. Analysts see the company as a big beneficiary of the trend for legalized sports gambling in the U.S.

Source Fool.com

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