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DraftKings Shares Rise on Bank of America Upgrade

DraftKings (DKNG) stock increased 2.8% in morning trading after Bank of America upgraded its rating to Buy from Hold, setting a price target of $27.

DKNG

8% in morning trading after Bank of America raised the stock from Hold to Buy and maintained a $27 price target. According to TipRanks, Bank of America analysts Julie Hoover and Shaun Kelley kept that $27 target.