What Happened? Shares of fantasy sports and betting company DraftKings (NASDAQ:DKNG) jumped 2.8% in the morning session after Bank of America upgraded the stock from Hold to Buy with a $27 price target.

ProPublica reporter Jake Pearson immersed himself in the world of online sports betting on DraftKings to test the limits of the company’s “responsible gaming” safeguards. Here are five things he learned.

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A Wall Street firm that spent the past year avoiding DraftKings (NASDAQ:DKNG | DKNG Price Prediction) over prediction-market risk has lifted its view. DraftKings stock is up 5% to $19.46 in morning trading after Bank of America (NYSE:BAC) upgraded the shares to Buy from Neutral.

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The Massachusetts Gaming Commission is investigating how betting platforms use AI. The post Class action lawsuit alleges Boston-based DraftKings used AI to target vulnerable gamblers appeared first on Boston.

Discover the top DraftKings MMA DFS picks and strategy for UFC Vegas 122: Allen vs. Duncan on Saturday. Build winning lineups with our preview, analysis & fighter breakdowns.

Bank of America sees DraftKings prediction markets collecting about $400 million in 2027 fees, amid investment costs, regulation and execution risks.

A federal lawsuit filed in Boston follows an investigative report in the New York Times that found DraftKings built an AI model to target players likely to lose more money.

Fintel reports that on 5 October 2026, B of A Securities upgraded their outlook for DraftKings (XTRA:IK1) from Neutral to Buy. Prior to this rating action, the stock closed at 17,25 € on 2 October 2026,