Analyst: DraftKings' Leadership Position is Secure

DraftKings Inc (NASDAQ:DKNG) stock is pointed 3% higher in premarket trading this morning after Barclays upgraded the sports betting stock to "overweight" from "equal weight" and hiked its price target to $50 from $41. The analyst sees DraftKings' leadership position in the growing sports gambling market as secure.This isn't the only analyst action DKNG has seen recently. Late last week, as part of the company's upbeat earnings report, DraftKings agreed to acquire Jackpocket for $750 million, which led to n ...