DraftKings to Jump 115% as Analyst Sees Market Undervaluing Online Betting Opportunity
Online gambling and sports betting is such a huge opportunity that most of Wall Street is missing the significance, according to one analyst who initiated DraftKings (NASDAQ: DKNG) coverage at a buy and set a $100 per share price target on Tuesday.
That's more than double where the sports betting leader is currently valued and factors in the online sports betting and gambling market being at least 50% greater than what analysts are modeling.
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Source Fool.com
