DraftKings Emerging As A Leader In $35B North American Online Betting Market, Analyst Says
DraftKings(DKNG) Benzinga·2024-06-13 01:57
Loading...Loading...Needham analyst Bernie McTernan reiterated DraftKings Inc DKNG with a Buy and a $60 price target.The analyst noted DKNG as a leader in the emerging North American online gambling market, which is a $35 billion market opportunity.McTernan said the legislative environment overall supports greater market access, which is a win-win for consumers and states.Also Read: DraftKings Q1 Earnings Highlights: Sportsbook Posts Revenue Beat, EPS Beat, Raises Revenue, EBITDA GuidanceHe noted an upside ...