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In other excellent news for the corporate, Canada’s Division of ice decriminalized single-occasion sports activities betting. Even earlier than sports activities, the corporate held sturdy as individuals betted on different occasions resembling esports. DKNG’s inventory has been trending up recently after voters in three states, Louisiana, Maryland, and South Dakota, voted to legalize wagers on sporting occasions. In keeping with the StockNews worth goal characteristic, sixteen analysts fee the inventory a “Strong Purchase,” and 9 have it as a “Hold.” The common value goal from 22 analysts is $60.27, with a low of $39 and an excessive of $100. Morgan initiated protection with a “Neutral” score and a $ forty-eight worth goal.
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