Citizens analyst Jordan Bender lowered the firm’s price target on Flutter Entertainment (FLUT) to $275 from $313 and keeps an Outperform rating on the shares. Online gaming trends were solid in Q4, but Flutter delivered an unusually weak December marked by slowing handle, elevated promotions, and incremental investment that failed to offset a sluggish October, the analyst tells investors in a research note. Citizens says it is in a “wait-and-see” mode until Flutter reports Q4 results.
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