DraftKings (NASDAQ:DKNG) was lifted to Buy from Neutral at UBS on Monday, with analysts raising the firm's price target on the stock to $30 from $19 per share. DraftKings shares...
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DraftKings Inc. is a digital sports entertainment and gaming company. The Company provides users with sports betting, online casino and daily fantasy sports products, as well as media and other online consumer products. Its segments include business-to-consumer (B2C) and business-to-business (B2B). Its B2C segment includes its DraftKings-branded Sportsbook, iGaming and DFS products, as well as its other online consumer products, and its GNOG-branded Sportsbooks and iGaming products. Across its DraftKings-branded products, it offers users a single integrated product that provides one account, one wallet, a centralized payment system and responsible gaming controls. Its B2B segment is engaged in the design and development of sports betting and casino gaming software. Its B2B services are delivered through its software, and its complementary service offerings include trading and risk management and support for reporting, customer management and regulatory reporting requirements.
|Average||27.71 (+10.57% Upside)|
|No. of Analysts||32|
|Moving Averages||Sell||Strong Sell||Neutral||Buy||Strong Buy|
|Technical Indicators||Strong Sell||Strong Sell||Strong Sell||Strong Buy||Strong Buy|
|Summary||Strong Sell||Strong Sell||Sell||Strong Buy||Strong Buy|