Wells Fargo analyst Daniel Politzer and his team have decided to upgrade DraftKings Inc. shares, despite the stock already having risen about 180% this year. In an upgrade from equal weight to overweight, Politzer explains that he doesn't want to miss out on a potential further rally in the stock. Politzer's decision is based on DraftKings' impressive performance in its latest … [Read more...] about Wells Fargo Upgrades DraftKings Stock, Expects Further Rally
DraftKings
DraftKings Inc. Experiences Strong Stock Rally
DraftKings Inc. saw its shares close 2.7% higher on Thursday, continuing its recent rally, following positive adjustments from two analysts who raised their price targets for the online-gambling company. Positive Outlook for Quarterly Earnings JMP Securities analyst Jordan Bender expressed optimism regarding DraftKings' upcoming June-quarter earnings report. Bender believes … [Read more...] about DraftKings Inc. Experiences Strong Stock Rally