Reported 3 days ago
Jim Cramer and Wall Street are closely monitoring DraftKings Inc. (NASDAQ:DKNG) as they discuss its potential for recovery amidst a stalled stock performance. Cramer appreciates the company but suggests it may need more states to legalize sports betting to thrive. Morgan Stanley has recently reduced its price target for DraftKings while still maintaining an Overweight rating, reflecting cautious optimism in the gaming sector.
Source: YAHOO