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DraftKings Jumps 5% After Bank of America Upgrade

Original: DraftKings Rallies 5% as BoA Upgrades to Buy With $27 Price Target; Flutter Entertainment Ticks Up

DraftKings shares rallied about 5% after Bank of America upgraded the sports betting company to Buy with a $27 price target. Rival Flutter Entertainment also ticked higher in the move. The upgrade signals renewed analyst confidence in the online gambling sector, and investors pushed both stocks up on the news.

Why now: Analyst upgrades with concrete price targets tend to drive immediate stock moves and investor discussion.

DraftKingsBank of AmericaFlutter Entertainment

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Evidence

• DraftKings Rallies 5% as BoA Upgrades to Buy With $27 Price Target; Flutter Entertainment Ticks Up · 24/7 Wall St.

API: https://socialmediatrends-api.osmike.com/v1/trends/1110981