DraftKings Emerging As A Leader In $35B North American Online Betting Market, Analyst Says

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 Guidance He noted an u ...