Sports betting and iGaming company DraftKings Inc (NASDAQ:DKNG) was sized up by an analyst with a recent note that came after DraftKings reported fourth-quarter financial results and raised 2024 guidance. The DraftKings Analyst: Morgan Stanley analyst Stephen Grambling had an Overweight rating and raised the price target from $40 to $49. Related Link: EXCLUSIVE: DraftKings Partnership With Barstool Sports ‘Getting The Band Together,’ CEO Says — How New Deal, Jackpocket Acquisition Can Power Growth The Analyst Takeaways: Capital allocation and strong EBITDA from DraftKings lead to an increased …
