iGamingWire
Sports BettingGamblingNews · 3h ago

BofA Said “Buy,” DraftKings Shares Went Up 5%

By Melanie Porter•October 8, 2026

The brief

DraftKings shares rose about 5% after Bank of America upgraded the sports betting company from “Neutral” to “Buy,” pointing to the growing potential of prediction markets. Analyst Julie Hoover kept a $27 price target for DraftKings, which entered the prediction market scene after buying Railbird Technologies Inc. and …

Original report

GamblingNews

Summary is editorial. Full reporting, images and rights belong to the source.

Advertisement

Get the news by email

A digest of the day's top iGaming stories, straight to your inbox.