BTIG lowered the firm’s price target on Flutter Entertainment (FLUT) to $177 from $180 and keeps a Buy rating on the shares. The firm is tweaking its US forecasts to match quarter-to-data trends, Flutter’s mix guidance for Arkansas launch headwinds while also reducing its International estimates, the analyst tells investors in a research note.
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Read More on FLUT:
- Flutter buys back 32,016 shares as part of $5bn repurchase plan
- Flutter Entertainment: Buy Rating Reaffirmed on U.S. Growth, 2027 EBITDA Acceleration, and Deleveraging-Led Upside
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- Flutter Continues U.S. Buyback as It Cancels Another Tranche of Shares
