DraftKings recovers after Argus upbeat on earnings potential

Online fantasy sports sites, FanDuel and DraftKings, are under government supervision

Scott Olson

Argus has increased his rating on DraftKings (NASDAQ:DK) to Buy from Hold on Tuesday. The company expects favorable headwinds for the online sports betting industry from increased market share, more customer retention and earnings growth in existing markets. As more states legalize


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