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
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Disney’s Partnership with Penn: Questions and Concerns
Disney, the media giant, saw an increase in its stock price on Wednesday as investors eagerly awaited the company's earnings report. The cause of this optimistic market reaction can be attributed to the recent partnership between Disney-owned ESPN and Penn Entertainment. However, upon closer inspection, it becomes apparent that this deal may not be as favorable as it initially … [Read more...] about Disney’s Partnership with Penn: Questions and Concerns
