Shaun C. Kelley

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...

Online sports betting and iGaming company DraftKings Inc (NASDAQ: DKNG) will report second quarter financial results after market close Thursday. Here’s a look at the estimates and what analysts are saying ahead of the report. Earnings Estimates: Analysts expect DraftKings to report second...

Sports betting company DraftKings Inc (NASDAQ: DKNG) reported first-quarter financial results after market close Thursday. The company also raised its full-year revenue and EBITDA guidance. Here's what analysts are saying after the report and guidance increase. The DraftKings Analysts: Bank of...

Sports betting pure play company DraftKings Inc (NASDAQ: DKNG) reported third-quarter financial results on Friday. Analysts shared their takes on the company’s quarterly results and guidance. The DraftKings Analysts: Bank of America analyst Shaun C. Kelley has a Neutral rating and $60 price...

September was a big month in the world of sports betting: a record was set in New Jersey for betting handle and an operator in Michigan became the first to reach the $100 million handle milestone. An analyst took a look at how the top states are doing in sports betting and how the big three...