DraftKings Inc. (NASDAQ: DKNG) Sees Positive Outlook from Wells Fargo with a New Price Target

Wells Fargo upgrades DraftKings Inc. (NASDAQ: DKNG) to Overweight from Equal Weight, setting a price target of $49, indicating a potential upside of 42.77%.DraftKings expands its share repurchase program from $1 billion to $2 billion, demonstrating confidence in its financial health and future growth.The company's stock has experienced volatility but maintains a robust market capitalization of approximately $17.08 billion, with a recent slight increase in investor sentiment.DraftKings Inc. (NASDAQ: DKNG) is ...