Shaun C. Kelley

DraftKings Inc. (NASDAQ:DKNG) shares are trading lower on Monday. The company is hosting its next Investor Day on March 2. • DraftKings shares are experiencing downward pressure. What’s pulling DKNG shares down? BofA Securities analyst Shaun C. Kelley expects management to highlight...

Both Flutter Entertainment (NYSE:FLUT) and DraftKings Inc (NASDAQ:DKNG) are ready to take on the competition of prediction markets. Or is it already too late? Flutter Announces Prediction Market Flutter reported mixed third-quarter financial results on Wednesday. Its revenue missed analyst...

Sports betting company DraftKings Inc (NASDAQ:DKNG) could provide more details on how it is competing against prediction markets and its recent acquisition in the space when the company report third-quarter financial results Thursday after market close. • DKNG is testing key support levels. Get...

Bank of America Securities analyst Shaun C. Kelley downgraded both DraftKings Inc (NASDAQ:DKNG) and Flutter Entertainment (NYSE:FLUT) ahead of their upcoming earnings reports, citing mounting challenges in the sports betting sector. The Sports Betting Analyst: Kelley downgraded DraftKings stock...

Sports betting giant DraftKings Inc (NASDAQ:DKNG) could show strength from wagers on the NFL Playoffs, Super Bowl and March Madness when it reports first-quarter financial results after market close Thursday. Earnings Estimates: Analysts predict DraftKings will report first-quarter revenue of $1.44...

DraftKings Inc (NASDAQ:DKNG) analysts highlight the long-term outlook and opportunities after the company lowered fourth-quarter and full-year guidance Thursday. Benchmark analyst Mike Hickey reiterated a Buy rating with a $44 price target. Needham analyst Bernie McTernan reiterated a Buy rating...

Sports betting and online gaming company DraftKings Inc (NASDAQ:DKNG) could highlight early results from the 2024 NFL season and new state legalizations when the company reports third-quarter financial results Thursday after market close. Earnings Estimates: Analysts expect the company to report...

Horse racetrack owner Churchill Downs Inc (NASDAQ:CHDN) gets an upgrade from an analyst ahead of the opening of a new gaming resort in Northern Virginia and its ownership of the Kentucky Derby race. The Churchill Downs Analyst: Bank of America analyst Shaun C. Kelley upgraded Churchill Downs stock...

An analyst says sports betting company DraftKings Inc (NASDAQ:DKNG) could have a challenging second quarter report, but remains optimistic ahead of the 2024 NFL season. The DraftKings Analyst: Bank of America analyst Shaun C. Kelley reiterated a Buy rating on DraftKings and lowered the price target...

A new analyst has initiated coverage on DraftKings Inc (NASDAQ:DKNG), one of the leading companies in the sports betting sector. Here's a look at what the analyst said would help the company with growth and why another analyst raised the price target on DraftKings. Mizuho on DraftKings: With...

Super Bowl LVIII will cost companies around $7 million for 30-second TV commercials. That’s a 185x jump from the original cost of $37,500 for an ad-spot during Super Bowl I in 1967m according to Bank of America chief strategist Michael Hartnett. To highlight how significant this price...

The sports betting sector could see competition increase with the expansion of Fanatics and the launch of ESPN Bet. One analyst highlights the strength in the financials of DraftKings Inc (NASDAQ:DKNG) in the highly competitive space. The DraftKings Analyst: Bank of America analyst Shaun C. Kelley...

With the launch of ESPN Bet, Penn Entertainment (NASDAQ:PENN) got a bullish call from a leading sports betting analyst and saw its price target raised after the sportsbook went live. The PENN Analyst: Bank of America analyst Shaun C. Kelley upgrades Penn shares from Neutral to Buy and raises the...

An analyst is sizing up the opportunity in DraftKings Inc (NASDAQ:DKNG) after the company reported third quarter financial results. The note comes ahead of DraftKings' analyst day, which will be held on Nov. 14. The DraftKings Analyst: Bank of America analyst Shaun C. Kelley has a Buy rating and a...

Sports betting company DraftKings Inc (NASDAQ:DKNG) will report third-quarter financial results after market close Thursday, Nov. 2. Here's a look at the key earnings estimates and what analysts were saying ahead of the report, along with several key items for investors to watch. Earnings Estimates...