DraftKings Is Questioned by the Market. Citi Says the Stock Is a Buy.
DraftKings
does not get enough credit from the market, says one
Citi
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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