Truist lowered the firm’s price target on Flutter Entertainment (FLUT) to $260 from $280 and keeps a Buy rating on the shares as part of a broader research note previewing 2026 for the U.S. Gaming sector. 2025 was another challenging year for Gaming stocks as macro fears combined with prediction disruption fears impacted stocks, irrespective of actual impact on fundamentals, and while the land-based gaming should remain ok-to-good in 2026, a return to growth in the challenged Las Vegas is not certain, the analyst tells investors in a research note. Digital gaming should continue to grow, but more clarity on sports prediction could help stocks, the firm added.
Claim 70% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on FLUT:
- Texas Capital starts Flutter with a Buy on scale, diversification
- Flutter Entertainment initiated with a Buy at Texas Capital
- NY moves to restrict sports prediction-market contracts, Covers’ Buttler says
- Candle Lake Boosts Stake in Flutter Entertainment Plc
- Flutter Entertainment price target raised to $313 from $311 at Citizens