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DraftKings Surges

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DraftKings Surges

B
Benzinga

130 Views • Mar 04, 2026

Description

DraftKings shares rose 3% after BMO Capital raised its price target to $50, citing a $67.5B TAM growing at 15% CAGR. Analysts flagged prediction markets as a high-margin opportunity with $10B in gross revenue potential and 60–80% margins.