Wells Fargo: This stock could jump 53%

Wells Fargo is bullish on DraftKings.

The bank predicts a 53% upside for the stock in the year ahead.

It’s a decent gain but peanuts compared to what’s possible in just a few weeks with this new AI Profit Predictor.

Here’s how much it’s averaging per trade.

Trey Bowers is an analyst at Wells Fargo.

He says the setup into DraftKings’ earnings looks attractive.

As he explained in a new note to clients:

“Following what we expect to be a strong Q4 report, we push for conservative initial guidance from the company with room to move higher. Strong results will lower fears around prediction market competitive pressure, and we believe Q4 will prove a big step in that direction.”

DraftKings has guided to $273 million…

But Bowers believes results could come in closer to $287 million.

He also expects margins to improve.

He points to DraftKings’ move into prediction markets as a potential driver, with event-based contracts opening up a new profit stream.

That’s why he raised his price target from $31 to $49.

This suggests a potential gain of 53% in the year ahead.

But if you don’t want to wait an entire year for that…

You can install this new AI Profit Predictor and potentially earn a triple-digit gain in just a few weeks.

That’s because it’s averaging 124% per trade on average.

Here’s more details.

Ian