DraftKings Stock Rises After Strong Quarter. Analysts Are Upbeat.

DraftKings


stock was rising Friday after analysts weighed in, citing strong results and positive prospects for the gambling stock.  

BTIG analyst Clark Lampen upgraded his rating on


DraftKings


(ticker: DKNG) to Buy from Neutral, with a price target of $24, while the shares jumped 15% to $20.41. So far this year, the stock has soared nearly 80%.