BTIG lowered the firm’s price target on Flutter Entertainment (FLUT) to $230 from $281 and keeps a Buy rating on the shares. The firm is cutting its Q4 revenue target to $2.18B from $2.29B and its FY26 revenue target to $8.36B from $8.88B previously to reflect recent state data reports on handle numbers, prediction markets, and competition from private sportsbook operators, the analyst tells investors in a research note.
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