draftkings inc shares closed 27 higher thursday extending their recent rally as two analysts boosted their price targets on the onlinegambling name jmp securities analyst jordan bender is upbeat about the company’s upcoming junequarter earnings report “we believe quarterly results should highlight topline strength” he wrote while lower promotional activity could help the company on the bottom line “promotions exhibited some of the lowest levels in the industry since inception and during earnings calls we expect operators to highlight heightened customer reinvest leading to strong retention rates” bender wrote of the online sportsbetting industry while upping his price target on draftkings shares to 33 from 31 and keeping a marketoutperform rating btig’s clark lampen wrote that draftkings’ results could be helped by “favorable outcomes” as far as event results draftkings also seems to be benefitting from “continuing parlay mix shifts and moderating competition” lampen said as he boosted his target price to 34 from 31 and kept his buy rating draftkings’ thursday stock rally comes after shares gained 53 in wednesday’s session on the heels of a bofa securities upgrade the stock has risen for five straight trading sessions and it’s exploded 175 higher so far in 2023 as the sp 500 spx has moved up 17