Cowen upgrades DraftKings, says recent struggles for stock is a buying opportunity

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Pavlo Gonchar | LightRocket | Getty Images

The outlook for DraftKings has been enhancing whilst its stock has slipped in recent weeks, and buyers ought to take benefit, funding agency Cowen mentioned in a notice to shoppers on Monday.

Cowen analyst Stephen Glagola upgraded the sports activities playing stock to outperform from market carry out. Shares of the gaming stock have fallen practically 12% since April 6 and greater than 21% since March 19.



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