Draft Kings Is Questioned by the Market. Citi says the stock is a buy.

DraftKings


does not get enough credit from the market, says one

city


analyst who is a buyer of the sports betting company’s stock and has confidence in its “long-term prospects.”

Citi analyst Jason Bazinet maintained his Buy rating of

DraftKings


(ticker: DKNG) and $24 price target. In a research, he cited note growth potential as a reason for his bullish view on the stock, which he views as having a compelling “risk-reward.” He added that DraftKings remains on track to hit its long-term goals.

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