Susquehanna lowered the firm’s price target on Flutter Entertainment (FLUT) to $143 from $160 and keeps a Positive rating on the shares. The firm adjusted 2026 quarterly estimates to reflect a heavier reinvestment in 1H26 for FanDuel as it likely reinflates a more consistent promotional offering versus its inconsistent offering in 4Q25, factors in new investment in its Arkansas launch which was previously not in its full year guide; and reallocated about $45m of prediction market investment out of 1Q26 into 2H26 versus their previous estimates.
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