After seven months of waiting, football fans can start preparing their buffalo wings and ranch dip: NFL games are back.
“ DraftKings holds key structural advantages vs. competitors including its differentiated daily fantasy sports led customer acquisition capability and agility to market in legalized U.S. states,” TD Cowen analyst Stephen Glagola, who rates the stock as Outperform with a $37 price target, wrote in a July research note.
Walt Disney Disney owns sports cable network ESPN, but Chief Executive Bob Iger has said he is open to searching for a strategic partner to buy some of the network. But that hasn’t stopped the House of Mouse from betting big on football.