DraftKings Vs. Flutter: Analyst Lays Out Bull Vs.
DKNGDraftKings(DKNG) Benzinga·2024-08-20 02:06

A battle between DraftKings Inc DKNG bulls and bears could come down to EBITDA, surcharges and competition, an analyst says after the company and rival Flutter Entertainment FLUT have both now reported second-quarter financial results.The DraftKings Analyst: Needham analyst Bernie McTernan reiterated a Buy rating on DraftKings with a 60pricetarget.ReadAlso:DraftKingsQ2EarningsHighlights:SportsBettingCompanyLaunches60 price target.Read Also: DraftKings Q2 Earnings Highlights: Sports Betting Company Launches 1-Billion Buyback, Misses On Revenue, Beats On EarningsThe Analyst Takeaways: Dr ...