Goldman Sachs analyst Ben Andrews lowered the firm’s price target on Flutter Entertainment (FLUT) to $205 from $270 and keeps a Buy rating on the shares. Flutter Entertainment reported disappointing Q4 results, driven by a U.S. miss tied to weaker promotional effectiveness, softer FY26 guidance, reduced buybacks, and higher leverage, while attributing recent U.S. softness to temporary NFL-related factors rather than prediction market cannibalization, the analyst tells investors in a research note.
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