Canaccord analyst Jason Tilchen lowered the firm’s price target on Flutter Entertainment (FLUT) to $220 from $270 and keeps a Buy rating on the shares. The firm said they reported disappointing Q4 results, with revenue and profitability for both the US and International segments coming in below expectations. Recent challenges for FanDuel’s OSB platform dominated much of the call, with lower engagement driven by less compelling NFL matchups later in the season and in the playoffs, and the prolonged stretch of sportsbook-friendly NFL outcomes in late Q4 and early 2026.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on FLUT:
- Flutter Entertainment price target lowered to $160 from $260 at Truist
- Nevada reports January statewide gaming win down 6.55% to $1.345B
- Flutter Entertainment price target lowered to $140 from $170 at BofA
- Flutter Entertainment price target lowered to $199 from $256 at Deutsche Bank
- Flutter Entertainment price target lowered to $175 from $285 at Benchmark