UBS lowered the firm’s price target on Flutter Entertainment (FLUT) to $300 from $320 and keeps a Buy rating on the shares. Flutter’s equity story is under pressure as recent U.S. online sports betting data signal a sharper growth slowdown, prompting forecast cuts to slightly below consensus for 2026 and 2027, the analyst tells investors in a research note. Despite a leading global market position and compelling long-term structural tailwinds, uncertainty around U.S. performance timing suggests ongoing share volatility until clearer earnings stabilization emerges, the firm adds.
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Read More on FLUT:
- Flutter Entertainment price target lowered to $170 from $225 at Bernstein
- Flutter Entertainment price target lowered to $270 from $300 at Canaccord
- Flutter Entertainment Confirms Updated Share Capital and Voting Rights
- Flutter price target lowered to 19,600 GBp from 25,300 GBp at JPMorgan
- Flutter price target lowered to $237 from $252 at Rothschild & Co Redburn
