DraftKings Inc DKNG shares are trading higher on Wednesday after Evercore ISI Group initiated coverage on the stock with an Outperform rating and a price target of $60 per share.
DraftKings is a digital sports entertainment and gaming company. The firm provides users with daily fantasy sports, sports betting, and iGaming opportunities.
Draftkings shares were trading up 0.51% at $37.20 at the time of publication on Wednesday. The stock has a 52-week high of $44.79 and a 52-week low of $9.84.
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